ADVOKATFIRMAET WULFF AS: årsregnskap 2016 vs 2015
Grew 15% on revenue, returned to profit
approved 2017-04-28; registry 2017-05-20; journal 2017 328861
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET WULFF AS. Revenue 3.37m NOK → 3.88m NOK (+15.3%). Net result -25.6k NOK → +43.7k NOK. Equity 808.0k NOK → 851.7k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET WULFF AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.37m NOK to 3.88m NOK (+15.3% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 25.6k NOK to a profit of 43.7k NOK. Calculated
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↑
Equity strengthened
Book equity 808.0k NOK → 851.7k NOK (equity ratio 14.0% → 14.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 218.7k NOK → 153.4k NOK (-29.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4 NOK → 1.89m NOK (0% → 49% of revenue). Calculated