Org.nr 815 260 422 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET HAAGENSEN & JOHNSEN AS: årsregnskap 2016 vs 2015

Shrank 39% on revenue, stronger earnings

approved 2017-05-02; registry 2017-05-23; journal 2017 340309

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET HAAGENSEN & JOHNSEN AS. Revenue 768.0k NOK → 469.9k NOK (-38.8%). Net result +79.4k NOK → +229.9k NOK. Equity 10.11m NOK → 11.34m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
768.0k NOK 469.9k NOK
-38.8%
Operating result
+139.0k NOK +307.7k NOK
+121.3%
Net result
+79.4k NOK +229.9k NOK
+189.6%
Equity
10.11m NOK 11.34m NOK
+12.2%
Cash
91.2k NOK 8.36m NOK
+9065.2%
Total assets
351.5k NOK 87.2k NOK
-75.2%

What improved

  • ↑

    Operating result improved

    Operating result +139.0k NOK → +307.7k NOK (op. margin 18.1% → 65.5%). Calculated

  • ↑

    Net result improved

    Net result +79.4k NOK → +229.9k NOK (net margin 10.3% → 48.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.11m NOK → 11.34m NOK (equity ratio 2876.2% → 13000.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 91.2k NOK → 8.36m NOK (+9065.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 768.0k NOK to 469.9k NOK (-38.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.37× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated