Org.nr 989 580 477 2013 → 2014 Year-over-year analysis

ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2014 vs 2013

Shrank 21% on revenue

approved 2015-04-17; registry 2015-07-09; journal 2015 583048

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKAT KJETIL H. NILSEN AS. Revenue 2.80m NOK → 2.22m NOK (-20.6%). Equity 741.0k NOK → 679.5k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Revenue

2.80m NOK 2.22m NOK

-20.6%

Net result

0 NOK n/m

—

Equity

741.0k NOK 679.5k NOK

-8.3%

Cash

625.9k NOK 636.4k NOK

+1.7%

Total assets

1.27m NOK 997.7k NOK

-21.7%

↑
Cash rose

Bank deposits 625.9k NOK → 636.4k NOK (+1.7% YoY). Calculated
↑
Payroll decreased

Salary cost 2.12m NOK → 1.50m NOK (76% → 67% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.80m NOK to 2.22m NOK (-20.6% YoY). Calculated
↓
Equity eroded

Book equity 741.0k NOK → 679.5k NOK (equity ratio 58.1% → 68.1%). Calculated
↓
COGS moved

COGS / varekostnad -40.6k NOK → 26.3k NOK (+164.7% YoY). Calculated