ADVOKAT FINN OVE SMITH AS: årsregnskap 2014 vs 2013
Shrank 16% on revenue
approved 2015-05-26; registry 2015-09-17; journal 2015 842182
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT FINN OVE SMITH AS. Revenue 4.76m NOK → 4.02m NOK (-15.7%). Equity 2.17m NOK → 2.62m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
4.76m NOK
4.02m NOK
-15.7%
Operating result
+1.85m NOK
n/m
—
Equity
2.17m NOK
2.62m NOK
+20.7%
Cash
1.60m NOK
2.19m NOK
+37.1%
Total assets
3.20m NOK
3.48m NOK
+8.7%
What improved
-
↑
Equity strengthened
Book equity 2.17m NOK → 2.62m NOK (equity ratio 67.7% → 75.2%). Calculated
-
↑
Cash rose
Bank deposits 1.60m NOK → 2.19m NOK (+37.1% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.76m NOK to 4.02m NOK (-15.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.00m NOK → 2.37m NOK (42% → 59% of revenue). Calculated