ADVOKATFIRMAET LIABØ & ØISTENSEN AS: årsregnskap 2016 vs 2015
Grew 19% on revenue, stronger earnings
approved 2017-04-28; registry 2017-05-11; journal 2017 317079
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET LIABØ & ØISTENSEN AS. Revenue 2.09m NOK → 2.48m NOK (+18.8%). Net result -182.9k NOK → -85.6k NOK. Equity 296.8k NOK → 142.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LIABØ & ØISTENSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.09m NOK to 2.48m NOK (+18.8% YoY). Calculated
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↑
Operating result improved
Operating result -247.1k NOK → -57.5k NOK (op. margin -11.8% → -2.3%). Calculated
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↑
Net result improved
Net result -182.9k NOK → -85.6k NOK (net margin -8.8% → -3.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 296.8k NOK → 142.2k NOK (equity ratio 32.1% → 218.0%). Calculated
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↓
Cash fell
Bank deposits 68.7k NOK → 60.9k NOK (-11.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.47× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.35m NOK → 1.58m NOK (65% → 64% of revenue). Calculated