FirmaIQ
Org.nr 884 665 582 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2016 vs 2015

Grew 10% on revenue, weaker earnings

approved 2017-04-26; registry 2017-05-03; journal 2017 304448

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 12.30m NOK → 13.48m NOK (+9.6%). Net result +3.21m NOK → +358.0k NOK. Equity 1.01m NOK → 1.22m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
12.30m NOK 13.48m NOK
+9.6%
Operating result
+4.28m NOK +756.5k NOK
-82.3%
Net result
+3.21m NOK +358.0k NOK
-88.8%
Equity
1.01m NOK 1.22m NOK
+20.8%
Cash
1.54m NOK 1.82m NOK
+18.5%
Total assets
11.15m NOK 11.24m NOK
+0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.30m NOK to 13.48m NOK (+9.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.01m NOK → 1.22m NOK (equity ratio 9.0% → 10.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.54m NOK → 1.82m NOK (+18.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.73m NOK → 11 NOK (47% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +4.28m NOK → +756.5k NOK (op. margin 34.8% → 5.6%). Calculated

  • ↓

    Net result weakened

    Net result +3.21m NOK → +358.0k NOK (net margin 26.1% → 2.7%). Calculated