ADVISO ADVOKATFIRMA AS: årsregnskap 2014 vs 2013
Grew 125% on revenue, weaker earnings, fresh owner capital
approved 2015-04-26; registry 2015-06-09; journal 2015 439649
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVISO ADVOKATFIRMA AS. Revenue 4.27m NOK → 9.60m NOK (+124.8%). Net result +722.8k NOK → +1 348 NOK. Equity 7.78m NOK → 201.9k NOK.
On the constructive side: revenue rose; current ratio back above 1×; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVISO ADVOKATFIRMA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.27m NOK to 9.60m NOK (+124.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.11× → 1.07×. Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 100.0k NOK (+70.0k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +722.8k NOK → +1 348 NOK (net margin 16.9% → 0.0%). Calculated
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↓
Equity eroded
Book equity 7.78m NOK → 201.9k NOK (equity ratio 1501.6% → 4.6%). Calculated
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↓
Cash fell
Bank deposits 1.49m NOK → 1.07m NOK (-28.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.01m NOK → 5.33m NOK (47% → 55% of revenue). Calculated