ADVOKATFIRMAET ELVENES AS: årsregnskap 2016 vs 2015
Grew 16% on revenue
approved 2017-06-21; registry 2017-06-24; journal 2017 523851
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET ELVENES AS. Revenue 2.46m NOK → 2.86m NOK (+16.4%). Net result +139.7k NOK → +120.5k NOK. Equity 290.1k NOK → 410.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ELVENES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.46m NOK to 2.86m NOK (+16.4% YoY). Calculated
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↑
Equity strengthened
Book equity 290.1k NOK → 410.6k NOK (equity ratio 18.6% → 24.8%). Calculated
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↑
Cash rose
Bank deposits 194.4k NOK → 298.6k NOK (+53.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +164.4k NOK → +139.1k NOK (op. margin 6.7% → 4.9%). Calculated
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↓
Net result weakened
Net result +139.7k NOK → +120.5k NOK (net margin 5.7% → 4.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.70m NOK → 1.88m NOK (69% → 66% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 5 200 NOK → 6 200 NOK. Reported fact