FirmaIQ
Org.nr 986 552 073 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET SGB AS: årsregnskap 2016 vs 2015

Grew 57% on revenue, stronger earnings, fresh owner capital

approved 2017-03-14; registry 2017-03-30; journal 2017 252952

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET SGB AS. Revenue 13.35m NOK → 20.98m NOK (+57.1%). Net result +4.01m NOK → +7.94m NOK. Equity 2.70m NOK → 4.08m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SGB AS.

At a glance

Scorecard

Revenue
13.35m NOK 20.98m NOK
+57.1%
Operating result
n/m +7.99m NOK
—
Net result
+4.01m NOK +7.94m NOK
+97.9%
Equity
2.70m NOK 4.08m NOK
+50.7%
Cash
103.8k NOK 818.3k NOK
+688.5%
Total assets
5.06m NOK 6.81m NOK
+34.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.35m NOK to 20.98m NOK (+57.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +4.01m NOK → +7.94m NOK (net margin 30.0% → 37.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.70m NOK → 4.08m NOK (equity ratio 53.5% → 59.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 103.8k NOK → 818.3k NOK (+688.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.58m NOK → 4.03m NOK (+1.45m NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 6.06m NOK → 9.18m NOK (45% → 44% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 113.1k NOK → 11.9k NOK (-89.5% YoY). Calculated