ADVOKATORIET AS: årsregnskap 2016 vs 2015
Grew 61% on revenue, stronger earnings
approved 2017-04-26; registry 2017-05-18; journal 2017 326207
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATORIET AS. Revenue 2.29m NOK → 3.68m NOK (+60.5%). Net result +464.9k NOK → +613.9k NOK. Equity 345.8k NOK → 559.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATORIET AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.29m NOK to 3.68m NOK (+60.5% YoY). Calculated
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Operating result improved
Operating result +637.6k NOK → +820.6k NOK (op. margin 27.8% → 22.3%). Calculated
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Net result improved
Net result +464.9k NOK → +613.9k NOK (net margin 20.3% → 16.7%). Calculated
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Equity strengthened
Book equity 345.8k NOK → 559.7k NOK (equity ratio 28890.6% → 31.4%). Calculated
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Cash rose
Bank deposits 500.4k NOK → 801.9k NOK (+60.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 795.1k NOK → 1.77m NOK (35% → 48% of revenue). Calculated
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COGS fell
COGS / varekostnad 10.2k NOK → 3 327 NOK (-67.5% YoY). Calculated