FirmaIQ
Org.nr 992 433 418 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET KRAGERUD & CO AS: årsregnskap 2016 vs 2015

Shrank 50% on revenue, weaker earnings

approved 2017-04-20; registry 2017-08-05; journal 2017 812678

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET KRAGERUD & CO AS. Revenue 1.99m NOK → 986.7k NOK (-50.4%). Net result -86.2k NOK → -1.11m NOK. Equity 13.99m NOK → -123.4k NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET KRAGERUD & CO AS.

At a glance

Scorecard

Revenue
1.99m NOK 986.7k NOK
-50.4%
Operating result
n/m +1.15m NOK
—
Net result
-86.2k NOK -1.11m NOK
-1192.8%
Equity
13.99m NOK -123.4k NOK
-100.9%
Cash
364.2k NOK 305.4k NOK
-16.1%
Total assets
6.93m NOK 596.3k NOK
-91.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.99m NOK to 986.7k NOK (-50.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result -86.2k NOK → -1.11m NOK (net margin -4.3% → -113.0%). Calculated

  • ↓

    Equity eroded

    Book equity 13.99m NOK → -123.4k NOK (equity ratio 202.0% → -20.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 364.2k NOK → 305.4k NOK (-16.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 10.78m NOK → 11.79m NOK (542% → 1195% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -20.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation