Org.nr 889 032 782 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET NAVJORD AS: årsregnskap 2016 vs 2015

Grew 40% on revenue, stronger earnings

approved 2017-05-02; registry 2017-05-31; journal 2017 363748

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET NAVJORD AS. Revenue 1.45m NOK → 2.03m NOK (+40.1%). Net result +145.6k NOK → +190.8k NOK. Equity 238.1k NOK → 400.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET NAVJORD AS.

Scorecard

Revenue
1.45m NOK 2.03m NOK
+40.1%
Operating result
+268.6k NOK +328.2k NOK
+22.2%
Net result
+145.6k NOK +190.8k NOK
+31.1%
Equity
238.1k NOK 400.4k NOK
+68.2%
Cash
23.2k NOK 17.2k NOK
-25.8%
Total assets
1.92m NOK 2.25m NOK
+17.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.45m NOK to 2.03m NOK (+40.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +268.6k NOK → +328.2k NOK (op. margin 18.6% → 16.2%). Calculated

  • ↑

    Net result improved

    Net result +145.6k NOK → +190.8k NOK (net margin 10.1% → 9.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 238.1k NOK → 400.4k NOK (equity ratio 12.4% → 17.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 694.0k NOK → 122.4k NOK (48% → 6% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 23.2k NOK → 17.2k NOK (-25.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 20.0k NOK. Reported fact