FirmaIQ
Org.nr 991 435 271 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET ALVER AS: årsregnskap 2016 vs 2015

Shrank 7% on revenue, weaker earnings

approved 2017-04-27; registry 2017-05-27; journal 2017 350530

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET ALVER AS. Revenue 18.80m NOK → 17.43m NOK (-7.3%). Net result +3.22m NOK → +2.24m NOK. Equity 1.91m NOK → 1.95m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
18.80m NOK 17.43m NOK
-7.3%
Operating result
+4.30m NOK +2.97m NOK
-31.0%
Net result
+3.22m NOK +2.24m NOK
-30.5%
Equity
1.91m NOK 1.95m NOK
+2.1%
Cash
417.7k NOK 405.3k NOK
-3.0%
Total assets
10.35m NOK 9.24m NOK
-10.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.91m NOK → 1.95m NOK (equity ratio 18.5% → 21.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.80m NOK to 17.43m NOK (-7.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.30m NOK → +2.97m NOK (op. margin 22.9% → 17.0%). Calculated

  • ↓

    Net result weakened

    Net result +3.22m NOK → +2.24m NOK (net margin 17.2% → 12.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 417.7k NOK → 405.3k NOK (-3.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 10.53m NOK → 10.80m NOK (56% → 62% of revenue). Calculated