Org.nr 912 177 033 2014 → 2015 Year-over-year analysis

ADVOKAT JØRGEN RIPLE AS: årsregnskap 2015 vs 2014

Weaker earnings

approved 2016-04-13; registry 2016-04-20; journal 2016 376887

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT JØRGEN RIPLE AS. Revenue 7.80m NOK → 8.14m NOK (+4.3%). Net result +857.2k NOK → +512.0k NOK. Equity 975.3k NOK → 287.3k NOK.

On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT JØRGEN RIPLE AS.

Scorecard

Revenue
7.80m NOK 8.14m NOK
+4.3%
Net result
+857.2k NOK +512.0k NOK
-40.3%
Equity
975.3k NOK 287.3k NOK
-70.5%
Cash
723.7k NOK 489.7k NOK
-32.3%
Total assets
2.94m NOK 2.91m NOK
-1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.80m NOK to 8.14m NOK (+4.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +857.2k NOK → +512.0k NOK (net margin 11.0% → 6.3%). Calculated

  • ↓

    Equity eroded

    Book equity 975.3k NOK → 287.3k NOK (equity ratio 33.2% → 9.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 723.7k NOK → 489.7k NOK (-32.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 4.94m NOK → 5.24m NOK (63% → 64% of revenue). Calculated