FirmaIQ
Org.nr 990 625 972 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET BERNGAARD AS: årsregnskap 2016 vs 2015

Grew 22% on revenue, cash halved-plus

approved 2017-05-18; registry 2017-05-31; journal 2017 369325

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET BERNGAARD AS. Revenue 16.43m NOK → 19.98m NOK (+21.6%). Equity 2.44m NOK → 2.21m NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERNGAARD AS.

At a glance

Scorecard

Revenue
16.43m NOK 19.98m NOK
+21.6%
Equity
2.44m NOK 2.21m NOK
-9.3%
Cash
961.0k NOK 164.4k NOK
-82.9%
Total assets
n/m 5.59m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.43m NOK to 19.98m NOK (+21.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 1.49×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.44m NOK → 2.21m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 961.0k NOK → 164.4k NOK (-82.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.57m NOK → 12.88m NOK (58% → 64% of revenue). Calculated