Org.nr 984 214 693 2015 → 2016 Year-over-year analysis

ADVOKATHUSET JUST AS: årsregnskap 2016 vs 2015

Weaker earnings, cash halved-plus

approved 2017-04-25; registry 2017-07-03; journal 2017 582467

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATHUSET JUST AS. Revenue 1.89m NOK → 1.84m NOK (-2.3%). Net result -3 499 NOK → -29.8k NOK. Equity 176.2k NOK → 146.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
1.89m NOK 1.84m NOK
-2.3%
Net result
-3 499 NOK -29.8k NOK
-752.6%
Equity
176.2k NOK 146.4k NOK
-16.9%
Cash
68.5k NOK 19.2k NOK
-71.9%
Total assets
329.5k NOK 366.1k NOK
+11.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 713.8k NOK → 624.6k NOK (38% → 34% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.89m NOK to 1.84m NOK (-2.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result -3 499 NOK → -29.8k NOK (net margin -0.2% → -1.6%). Calculated

  • ↓

    Equity eroded

    Book equity 176.2k NOK → 146.4k NOK (equity ratio 53.5% → 40.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 68.5k NOK → 19.2k NOK (-71.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 10.8k NOK → 47.0k NOK (+337.5% YoY). Calculated