Org.nr 995 903 849 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET TORUNN HAUG AS: årsregnskap 2016 vs 2015

Shrank 49% on revenue

approved 2017-04-20; registry 2017-07-18; journal 2017 708560

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET TORUNN HAUG AS. Revenue 1.50m NOK → 771.9k NOK (-48.7%). Equity 12.54m NOK → 628.7k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET TORUNN HAUG AS.

At a glance

Revenue

1.50m NOK 771.9k NOK

-48.7%

Equity

12.54m NOK 628.7k NOK

-95.0%

Cash

358.0k NOK 520.0k NOK

+45.3%

Total assets

767.1k NOK 192.1k NOK

-75.0%

↓
Revenue fell

Operating income / revenue moved from 1.50m NOK to 771.9k NOK (-48.7% YoY). Calculated
↓
Equity eroded

Book equity 12.54m NOK → 628.7k NOK (equity ratio 1634.6% → 327.2%). Calculated
↓
Current ratio dropped below 1×

Current ratio 3.35× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated