ADVOKAT IMNA HARALD OTTERSTAD AS: årsregnskap 2014 vs 2013
Shrank 24% on revenue, slipped into loss, cash halved-plus
approved 2015-04-27; registry 2015-06-22; journal 2015 499511
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT IMNA HARALD OTTERSTAD AS. Revenue 2.76m NOK → 2.09m NOK (-24.4%). Net result +370.2k NOK → -159.0k NOK. Equity 465.6k NOK → 306.6k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.35× → 1.48×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.76m NOK to 2.09m NOK (-24.4% YoY). Calculated
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↓
Operating result weakened
Operating result +541.7k NOK → -196.9k NOK (op. margin 19.6% → -9.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 370.2k NOK profit to a loss of 159.0k NOK. Calculated
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↓
Equity eroded
Book equity 465.6k NOK → 306.6k NOK (equity ratio 26.6% → 29.9%). Calculated
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↓
Cash fell
Bank deposits 969.0k NOK → 273.9k NOK (-71.7% YoY). Calculated