ADVOKATHUSET BREIVIK AS: årsregnskap 2016 vs 2015
Grew 8% on revenue, returned to profit, cash halved-plus
approved 2017-03-17; registry 2017-03-22; journal 2017 240533
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATHUSET BREIVIK AS. Revenue 3.13m NOK → 3.40m NOK (+8.4%). Net result -1 955 NOK → +64.0k NOK. Equity 46.5k NOK → 2.11m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATHUSET BREIVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.13m NOK to 3.40m NOK (+8.4% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1 955 NOK to a profit of 64.0k NOK. Calculated
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↑
Equity strengthened
Book equity 46.5k NOK → 2.11m NOK (equity ratio 5.3% → 272.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 820.9k NOK → 1 734 NOK (-99.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.36m NOK → 2.59m NOK (75% → 76% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 26.7k NOK → 9 992 NOK (-62.6% YoY). Calculated