ADVOKATFIRMAET BRAUTE AS: årsregnskap 2016 vs 2015
Shrank 92% on revenue, slipped into loss
approved 2017-06-27; registry 2017-08-08; journal 2017 855705
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET BRAUTE AS. Revenue 778.1k NOK → 60.9k NOK (-92.2%). Net result +90.0k NOK → -59.6k NOK. Equity 181.5k NOK → 5 776 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRAUTE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 144.6k NOK → 253.7k NOK (+75.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 778.1k NOK to 60.9k NOK (-92.2% YoY). Calculated
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↓
Operating result weakened
Operating result +126.2k NOK → -39.6k NOK (op. margin 16.2% → -65.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 90.0k NOK profit to a loss of 59.6k NOK. Calculated
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↓
Equity eroded
Book equity 181.5k NOK → 5 776 NOK (equity ratio 49.4% → 2.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.99× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation