Org.nr 989 397 672 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2016 vs 2015

Grew 17% on revenue

approved 2017-04-28; registry 2017-05-11; journal 2017 317071

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 3.14m NOK → 3.67m NOK (+16.8%). Equity 289.3k NOK → 206.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
3.14m NOK 3.67m NOK
+16.8%
Operating result
+180.1k NOK n/m
—
Net result
+108.7k NOK n/m
—
Equity
289.3k NOK 206.3k NOK
-28.7%
Cash
179.0k NOK 481.2k NOK
+168.8%
Total assets
991.6k NOK 281.9k NOK
-71.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.14m NOK to 3.67m NOK (+16.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 179.0k NOK → 481.2k NOK (+168.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 289.3k NOK → 206.3k NOK (equity ratio 29.2% → 73.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.26× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 105.9k NOK → 89.7k NOK. Reported fact