Org.nr 998 450 349 2013 → 2014 Year-over-year analysis

ADVOKAT DØVIK AS: årsregnskap 2014 vs 2013

Grew 133125% on revenue, stronger earnings

approved 2015-04-28; registry 2015-05-12; journal 2015 389508

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKAT DØVIK AS. Revenue 1 182 NOK → 1.57m NOK (+133125.5%). Net result +171.6k NOK → +238.6k NOK. Equity 310.1k NOK → 248.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT DØVIK AS.

Scorecard

Revenue
1 182 NOK 1.57m NOK
+133125.5%
Operating result
+212.3k NOK +358.1k NOK
+68.6%
Net result
+171.6k NOK +238.6k NOK
+39.1%
Equity
310.1k NOK 248.7k NOK
-19.8%
Cash
514.6k NOK 664.1k NOK
+29.0%
Total assets
729.7k NOK 1 126 NOK
-99.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 182 NOK to 1.57m NOK (+133125.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +212.3k NOK → +358.1k NOK (op. margin 17962.9% → 22.7%). Calculated

  • ↑

    Net result improved

    Net result +171.6k NOK → +238.6k NOK (net margin 14516.6% → 15.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 514.6k NOK → 664.1k NOK (+29.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 310.1k NOK → 248.7k NOK (equity ratio 42.5% → 22083.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.74× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 2.77m NOK (0% → 176% of revenue). Calculated