Org.nr 915 596 320 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS: årsregnskap 2016 vs 2015

Grew 1991% on revenue

approved 2017-07-31; registry 2017-08-10; journal 2017 844506

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET LARSEN & CO KONTORDRIFT AS. Revenue 320 NOK → 6 691 NOK (+1990.9%). Equity 87.2k NOK → -741.1k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
320 NOK 6 691 NOK
+1990.9%
Equity
87.2k NOK -741.1k NOK
-949.6%
Cash
99.9k NOK 158.2k NOK
+58.4%
Total assets
99.9k NOK 1.11m NOK
+1009.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 320 NOK to 6 691 NOK (+1990.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 99.9k NOK → 158.2k NOK (+58.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 87.2k NOK → -741.1k NOK (equity ratio 87.3% → -66.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.88× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -66.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation