Org.nr 998 547 210 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET HORNELAND AS: årsregnskap 2016 vs 2015

Shrank 8% on revenue

approved 2017-04-30; registry 2017-05-24; journal 2017 344681

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET HORNELAND AS. Revenue 2.00m NOK → 1.83m NOK (-8.5%). Equity 123.2k NOK → 151.0k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HORNELAND AS.

Scorecard

Revenue
2.00m NOK 1.83m NOK
-8.5%
Operating result
+225.3k NOK n/m
—
Equity
123.2k NOK 151.0k NOK
+22.5%
Cash
390.8k NOK 283.7k NOK
-27.4%
Total assets
769.0k NOK 606.1k NOK
-21.2%

What improved

  • ↑

    Equity strengthened

    Book equity 123.2k NOK → 151.0k NOK (equity ratio 16.0% → 24.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.00m NOK to 1.83m NOK (-8.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 390.8k NOK → 283.7k NOK (-27.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 162.1k NOK → 147.9k NOK (-8.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.6k NOK → 12.9k NOK. Reported fact