Org.nr 996 399 869 2014 → 2015 Year-over-year analysis

ADNOR ADVOKAT AS: årsregnskap 2015 vs 2014

Stronger earnings

approved 2016-04-29; registry 2016-07-25; journal 2016 733840

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADNOR ADVOKAT AS. Revenue 22.93m NOK → 23.58m NOK (+2.8%). Net result +7 805 NOK → +22.0k NOK. Equity 465.5k NOK → 551.5k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADNOR ADVOKAT AS.

Scorecard

Revenue
22.93m NOK 23.58m NOK
+2.8%
Net result
+7 805 NOK +22.0k NOK
+181.4%
Equity
465.5k NOK 551.5k NOK
+18.5%
Cash
2.25m NOK 1.51m NOK
-33.0%
Total assets
7.24m NOK 7.26m NOK
+0.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.93m NOK to 23.58m NOK (+2.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +7 805 NOK → +22.0k NOK (net margin 0.0% → 0.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 465.5k NOK → 551.5k NOK (equity ratio 6.4% → 7.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.44× → 1.35×. Calculated

  • ↑

    Payroll decreased

    Salary cost 14.62m NOK → 13.61m NOK (64% → 58% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.25m NOK → 1.51m NOK (-33.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 360.0k NOK → 424 NOK — check capital reduction, conversion, or reclassification. Interpretation