ADVOKATFIRMAET STEINSVIK AS: årsregnskap 2016 vs 2015
Grew 18% on revenue
approved 2017-04-27; registry 2017-07-10; journal 2017 647236
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET STEINSVIK AS. Revenue 3.35m NOK → 3.94m NOK (+17.5%). Equity 6.64m NOK → 655.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET STEINSVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.35m NOK to 3.94m NOK (+17.5% YoY). Calculated
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↑
Operating result improved
Operating result -190.9k NOK → +316.0k NOK (op. margin -5.7% → 8.0%). Calculated
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↑
Cash rose
Bank deposits 894.8k NOK → 934.9k NOK (+4.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.63m NOK → 2.56m NOK (78% → 65% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.64m NOK → 655.1k NOK (equity ratio 489.6% → 48.8%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 361.9k NOK → 115.9k NOK — check capital reduction, conversion, or reclassification. Interpretation