FirmaIQ
Org.nr 984 071 329 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2016 vs 2015

Grew 8% on revenue, slipped into loss

approved 2017-04-26; registry 2017-05-10; journal 2017 314560

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET RØED AS. Revenue 2.21m NOK → 2.39m NOK (+7.9%). Net result +140.2k NOK → -8 509 NOK. Equity 1.29m NOK → 1.16m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.21m NOK 2.39m NOK
+7.9%
Operating result
+2 015 NOK -5 951 NOK
-395.3%
Net result
+140.2k NOK -8 509 NOK
-106.1%
Equity
1.29m NOK 1.16m NOK
-10.0%
Cash
586.1k NOK 711.4k NOK
+21.4%
Total assets
1.95m NOK 1.70m NOK
-12.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.21m NOK to 2.39m NOK (+7.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 586.1k NOK → 711.4k NOK (+21.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.31m NOK → 1.71m NOK (104% → 71% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2 015 NOK → -5 951 NOK (op. margin 0.1% → -0.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 140.2k NOK profit to a loss of 8 509 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.29m NOK → 1.16m NOK (equity ratio 66.0% → 68.1%). Calculated