ADVOCATIA NORWEGIAN LAW ALLIANCE AS: årsregnskap 2015 vs 2014
Grew 12% on revenue, slipped into loss
approved 2016-06-23; registry 2016-07-04; journal 2016 622131
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOCATIA NORWEGIAN LAW ALLIANCE AS. Revenue 1.20m NOK → 1.34m NOK (+11.6%). Net result +52.4k NOK → -27.3k NOK. Equity 211.7k NOK → 184.4k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOCATIA NORWEGIAN LAW ALLIANCE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.20m NOK to 1.34m NOK (+11.6% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 52.4k NOK profit to a loss of 27.3k NOK. Calculated
-
↓
Equity eroded
Book equity 211.7k NOK → 184.4k NOK (equity ratio 72.6% → 118.1%). Calculated
-
↓
Cash fell
Bank deposits 169.8k NOK → 147.3k NOK (-13.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.65× → -5.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 820.6k NOK → 854.5k NOK (+4.1% YoY). Calculated