ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 2016 vs 2015
Stronger earnings
approved 2017-04-07; registry 2017-04-19; journal 2017 276243
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 10.05m NOK → 9.69m NOK (-3.6%). Net result +545.7k NOK → +798.0k NOK. Equity 1.40m NOK → 1.40m NOK.
On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET PEDERSEN, REIER & CO AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +545.7k NOK → +798.0k NOK (net margin 5.4% → 8.2%). Calculated
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↑
Cash rose
Bank deposits 1.15m NOK → 2.11m NOK (+83.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 7.46m NOK → 6.21m NOK (74% → 64% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.05m NOK to 9.69m NOK (-3.6% YoY). Calculated
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↓
Equity eroded
Book equity 1.40m NOK → 1.40m NOK (equity ratio 17.6% → 27.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 664.0k NOK → 770.2k NOK. Reported fact