ADVOKATFIRMAET BULL AS: årsregnskap 2016 vs 2015
Grew 7% on revenue, cash halved-plus
approved 2017-05-02; registry 2017-06-12; journal 2017 421293
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET BULL AS. Revenue 71.71m NOK → 76.65m NOK (+6.9%). Equity 30.53m NOK → 25.45m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET BULL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 71.71m NOK to 76.65m NOK (+6.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 30.53m NOK → 25.45m NOK (equity ratio 67.3% → 62.4%). Calculated
-
↓
Cash fell
Bank deposits 16.49m NOK → 573.2k NOK (-96.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (16.49m NOK → 573.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 26.04m NOK → 20.59m NOK — check capital reduction, conversion, or reclassification. Interpretation