Org.nr 913 760 727 2014 → 2015 Year-over-year analysis

ADVOKAT HELGHEIM AS: årsregnskap 2015 vs 2014

Shrank 95% on revenue, cash halved-plus

approved 2016-04-21; registry 2016-05-02; journal 2016 400214

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT HELGHEIM AS. Revenue 925.9k NOK → 49.2k NOK (-94.7%). Equity 404.8k NOK → 553.2k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Net tougher year on the published lines.

Scorecard

Revenue
925.9k NOK 49.2k NOK
-94.7%
Equity
404.8k NOK 553.2k NOK
+36.7%
Cash
767.3k NOK 1 128 NOK
-99.9%
Total assets
987.6k NOK 1 128 NOK
-99.9%

What improved

  • ↑

    Equity strengthened

    Book equity 404.8k NOK → 553.2k NOK (equity ratio 41.0% → 49046.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 925.9k NOK to 49.2k NOK (-94.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 767.3k NOK → 1 128 NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.70× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 306 NOK → 650.7k NOK (0% → 1323% of revenue). Calculated