Org.nr 977 084 814 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET ØSTBERG AS: årsregnskap 2016 vs 2015

Grew 35% on revenue

approved 2017-05-08; registry 2017-05-22; journal 2017 336975

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET ØSTBERG AS. Revenue 1.82m NOK → 2.44m NOK (+34.6%). Equity 380 NOK → 284 NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØSTBERG AS.

Scorecard

Revenue
1.82m NOK 2.44m NOK
+34.6%
Equity
380 NOK 284 NOK
-25.3%
Cash
219.5k NOK 470.4k NOK
+114.4%
Total assets
637.6k NOK 960.9k NOK
+50.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.82m NOK to 2.44m NOK (+34.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 219.5k NOK → 470.4k NOK (+114.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 1.42×. Calculated

Things to notice

  • ·

    Thin equity buffer

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

  • ·

    Payroll increased

    Salary cost 1.05m NOK → 1.62m NOK (58% → 66% of revenue). Calculated