Org.nr 997 059 832 2014 → 2015 Year-over-year analysis

ADVOKAT-CONSULT AS: årsregnskap 2015 vs 2014

Shrank 47% on revenue, cash halved-plus

approved 2016-06-30; registry 2016-08-03; journal 2016 796415

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT-CONSULT AS. Revenue 4.13m NOK → 2.19m NOK (-47.1%). Equity 767.5k NOK → 799.4k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT-CONSULT AS.

Scorecard

Revenue
4.13m NOK 2.19m NOK
-47.1%
Equity
767.5k NOK 799.4k NOK
+4.2%
Cash
363.7k NOK 171.6k NOK
-52.8%
Total assets
2.32m NOK 1.92m NOK
-17.1%

What improved

  • ↑

    Equity strengthened

    Book equity 767.5k NOK → 799.4k NOK (equity ratio 33.1% → 41.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.20m NOK → 1.23m NOK (78% → 56% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.13m NOK to 2.19m NOK (-47.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 363.7k NOK → 171.6k NOK (-52.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.14× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 416.2k NOK → -30.2k NOK (-107.3% YoY). Calculated