ADVOKATFIRMAET LÖVENÖRN AS: årsregnskap 2016 vs 2015
Grew 7% on revenue, weaker earnings
approved 2017-04-28; registry 2017-05-23; journal 2017 342687
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET LÖVENÖRN AS. Revenue 705.3k NOK → 757.3k NOK (+7.4%). Net result +246.3k NOK → +126.2k NOK. Equity 6.27m NOK → 396.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÖVENÖRN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 705.3k NOK to 757.3k NOK (+7.4% YoY). Calculated
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↑
Cash rose
Bank deposits 8 841 NOK → 15.4k NOK (+74.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +337.3k NOK → +169.4k NOK (op. margin 47.8% → 22.4%). Calculated
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↓
Net result weakened
Net result +246.3k NOK → +126.2k NOK (net margin 34.9% → 16.7%). Calculated
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↓
Equity eroded
Book equity 6.27m NOK → 396.8k NOK (equity ratio 1340.0% → 50.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 034 NOK → 2.26m NOK (0% → 298% of revenue). Calculated