ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS: årsregnskap 2016 vs 2015
Shrank 32% on revenue, slipped into loss
approved 2017-04-04; registry 2017-04-24; journal 2017 288827
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS. Revenue 4.22m NOK → 2.87m NOK (-32.0%). Net result +711.1k NOK → -213.6k NOK. Equity 1.85m NOK → 1.53m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.21m NOK → 1.75m NOK (52% → 61% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.22m NOK to 2.87m NOK (-32.0% YoY). Calculated
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↓
Operating result weakened
Operating result +910.1k NOK → -218.1k NOK (op. margin 21.5% → -7.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 711.1k NOK profit to a loss of 213.6k NOK. Calculated
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↓
Equity eroded
Book equity 1.85m NOK → 1.53m NOK (equity ratio 62.9% → 67.7%). Calculated
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↓
Cash fell
Bank deposits 559.0k NOK → 533.0k NOK (-4.6% YoY). Calculated