ADVOKAT EDEL OLSEN AS: årsregnskap 2014 vs 2013
Grew 96526% on revenue, weaker earnings
approved 2015-04-30; registry 2015-07-04; journal 2015 555575
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT EDEL OLSEN AS. Revenue 1 124 NOK → 1.09m NOK (+96526.3%). Net result +23.1k NOK → +12.0k NOK. Equity 53.5k NOK → 65.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT EDEL OLSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 124 NOK to 1.09m NOK (+96526.3% YoY). Calculated
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↑
Equity strengthened
Book equity 53.5k NOK → 65.5k NOK (equity ratio 7.3% → 8.8%). Calculated
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↑
Cash rose
Bank deposits 149.5k NOK → 344.4k NOK (+130.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +28.8k NOK → +20.1k NOK (op. margin 2559.7% → 1.9%). Calculated
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↓
Net result weakened
Net result +23.1k NOK → +12.0k NOK (net margin 2058.1% → 1.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 939 NOK → 874.8k NOK (173% → 81% of revenue). Calculated