ADVOKAT DØVIK AS: årsregnskap 2015 vs 2014
Shrank 13% on revenue, weaker earnings
approved 2016-05-20; registry 2016-06-07; journal 2016 471754
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKAT DØVIK AS. Revenue 1.57m NOK → 1.37m NOK (-13.1%). Net result +238.6k NOK → +179.4k NOK. Equity 248.7k NOK → 201.7k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.33×. Calculated
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↑
Payroll decreased
Salary cost 2.77m NOK → 742.8k NOK (176% → 54% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.57m NOK to 1.37m NOK (-13.1% YoY). Calculated
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↓
Operating result weakened
Operating result +358.1k NOK → +230.1k NOK (op. margin 22.7% → 16.8%). Calculated
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↓
Net result weakened
Net result +238.6k NOK → +179.4k NOK (net margin 15.2% → 13.1%). Calculated
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↓
Equity eroded
Book equity 248.7k NOK → 201.7k NOK (equity ratio 22083.7% → 24.6%). Calculated
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↓
Cash fell
Bank deposits 664.1k NOK → 348.6k NOK (-47.5% YoY). Calculated