ADVOKATFIRMAET HEGG & CO AS: årsregnskap 2016 vs 2015
Grew 8% on revenue, stronger earnings
approved 2017-04-26; registry 2017-05-08; journal 2017 309684
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET HEGG & CO AS. Revenue 11.25m NOK → 12.19m NOK (+8.3%). Net result +235.0k NOK → +366.6k NOK. Equity 1 115 NOK → 1.28m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HEGG & CO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 11.25m NOK to 12.19m NOK (+8.3% YoY). Calculated
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Operating result improved
Operating result +324.5k NOK → +473.3k NOK (op. margin 2.9% → 3.9%). Calculated
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Net result improved
Net result +235.0k NOK → +366.6k NOK (net margin 2.1% → 3.0%). Calculated
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Equity strengthened
Book equity 1 115 NOK → 1.28m NOK (equity ratio 0.0% → 21.1%). Calculated
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Cash rose
Bank deposits 2.94m NOK → 3.58m NOK (+21.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 8.10m NOK → 8.47m NOK (72% → 70% of revenue). Calculated
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COGS moved
COGS / varekostnad 25.2k NOK → 52.2k NOK (+107.4% YoY). Calculated