Org.nr 989 523 716 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET MIDTHJELL AS: årsregnskap 2016 vs 2015

Grew 21% on revenue

approved 2017-04-25; registry 2017-05-02; journal 2017 302627

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET MIDTHJELL AS. Revenue 8.61m NOK → 10.41m NOK (+20.9%). Equity 25.15m NOK → 30.41m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET MIDTHJELL AS.

At a glance

Revenue

8.61m NOK 10.41m NOK

+20.9%

Operating result

+5.46m NOK +6.86m NOK

+25.5%

Net result

n/m +5.26m NOK

—

Equity

25.15m NOK 30.41m NOK

+20.9%

Cash

24.45m NOK 31.60m NOK

+29.3%

Total assets

27.43m NOK 32.83m NOK

+19.7%

↑
Revenue rose

Operating income / revenue moved from 8.61m NOK to 10.41m NOK (+20.9% YoY). Calculated
↑
Operating result improved

Operating result +5.46m NOK → +6.86m NOK (op. margin 63.4% → 65.8%). Calculated
↑
Equity strengthened

Book equity 25.15m NOK → 30.41m NOK (equity ratio 91.7% → 92.6%). Calculated
↑
Cash rose

Bank deposits 24.45m NOK → 31.60m NOK (+29.3% YoY). Calculated

·
Payroll increased

Salary cost 1.63m NOK → 1.66m NOK (19% → 16% of revenue). Calculated