Org.nr 974 675 366 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET LEGALIS AS: årsregnskap 2016 vs 2015

Grew 19% on revenue

approved 2017-04-28; registry 2017-05-09; journal 2017 311452

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET LEGALIS AS. Revenue 16.83m NOK → 19.97m NOK (+18.6%). Equity 11.70m NOK → 11 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEGALIS AS.

At a glance

Revenue

16.83m NOK 19.97m NOK

+18.6%

Operating result

n/m +2.28m NOK

—

Equity

11.70m NOK 11 NOK

-100.0%

Cash

1.79m NOK 2.68m NOK

+49.8%

Total assets

5.77m NOK 6.35m NOK

+10.0%

↑
Revenue rose

Operating income / revenue moved from 16.83m NOK to 19.97m NOK (+18.6% YoY). Calculated
↑
Cash rose

Bank deposits 1.79m NOK → 2.68m NOK (+49.8% YoY). Calculated

↓
Equity eroded

Book equity 11.70m NOK → 11 NOK (equity ratio 202.7% → 0.0%). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 390.3k NOK → 510.9k NOK (+30.9% YoY). Calculated