ADVOKATFIRMAET RAFTEVOLL AS: årsregnskap 2016 vs 2015
Grew 7% on revenue, weaker earnings
approved 2017-05-02; registry 2017-05-27; journal 2017 346946
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET RAFTEVOLL AS. Revenue 1.97m NOK → 2.10m NOK (+7.0%). Net result +192.5k NOK → +26.1k NOK. Equity -195.6k NOK → -169.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET RAFTEVOLL AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.97m NOK to 2.10m NOK (+7.0% YoY). Calculated
-
↑
Equity strengthened
Book equity -195.6k NOK → -169.5k NOK (equity ratio -41.9% → -45.2%). Calculated
-
↑
Cash rose
Bank deposits 75.1k NOK → 98.8k NOK (+31.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +208.4k NOK → +39.5k NOK (op. margin 10.6% → 1.9%). Calculated
-
↓
Net result weakened
Net result +192.5k NOK → +26.1k NOK (net margin 9.8% → 1.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -45.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 2 NOK → 1.33m NOK (0% → 63% of revenue). Calculated