ADVOKAT EDEL OLSEN AS: årsregnskap 2015 vs 2014
Grew 15% on revenue
approved 2016-04-12; registry 2016-04-18; journal 2016 370813
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKAT EDEL OLSEN AS. Revenue 1.09m NOK → 1.25m NOK (+15.3%). Net result +12.0k NOK → +4 624 NOK. Equity 65.5k NOK → 70.1k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. 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 1.09m NOK to 1.25m NOK (+15.3% YoY). Calculated
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↑
Equity strengthened
Book equity 65.5k NOK → 70.1k NOK (equity ratio 8.8% → 9.3%). Calculated
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↑
Cash rose
Bank deposits 344.4k NOK → 544.8k NOK (+58.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +20.1k NOK → +8 642 NOK (op. margin 1.9% → 0.7%). Calculated
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↓
Net result weakened
Net result +12.0k NOK → +4 624 NOK (net margin 1.1% → 0.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 874.8k NOK → 983.1k NOK (81% → 79% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 688 NOK → 38.2k NOK (+5450.9% YoY). Calculated