ADVOKATFIRMAET ERIKSEN AS: årsregnskap 2016 vs 2015
Shrank 6% on revenue, cash halved-plus
approved 2017-04-25; registry 2017-07-08; journal 2017 623404
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET ERIKSEN AS. Revenue 4.60m NOK → 4.31m NOK (-6.2%). Equity 7.69m NOK → 680.4k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.60m NOK
4.31m NOK
-6.2%
Equity
7.69m NOK
680.4k NOK
-91.1%
Cash
892.6k NOK
122.9k NOK
-86.2%
Total assets
892.4k NOK
1.37m NOK
+53.4%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.60m NOK to 4.31m NOK (-6.2% YoY). Calculated
-
↓
Equity eroded
Book equity 7.69m NOK → 680.4k NOK (equity ratio 861.2% → 49.7%). Calculated
-
↓
Cash fell
Bank deposits 892.6k NOK → 122.9k NOK (-86.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.45m NOK → 2.80m NOK (53% → 65% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 137.2k NOK → 169.6k NOK (+23.6% YoY). Calculated