ADVOKATFIRMA TJØNNDAL AS: årsregnskap 2016 vs 2015
Shrank 7% on revenue, weaker earnings
approved 2017-04-27; registry 2017-06-06; journal 2017 394811
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMA TJØNNDAL AS. Revenue 3.06m NOK → 2.84m NOK (-7.4%). Net result +231.6k NOK → +67.3k NOK. Equity 925.0k NOK → 992.4k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 925.0k NOK → 992.4k NOK (equity ratio 33.6% → 43.0%). Calculated
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↑
Payroll decreased
Salary cost 1.94m NOK → 1.90m NOK (63% → 67% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.06m NOK to 2.84m NOK (-7.4% YoY). Calculated
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↓
Operating result weakened
Operating result +273.6k NOK → +49.9k NOK (op. margin 8.9% → 1.8%). Calculated
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↓
Net result weakened
Net result +231.6k NOK → +67.3k NOK (net margin 7.6% → 2.4%). Calculated
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↓
Cash fell
Bank deposits 1.97m NOK → 1.64m NOK (-16.7% YoY). Calculated