Org.nr 912 714 969 2014 → 2015 Year-over-year analysis

ADVOKAT LARS REINSNOS AS: årsregnskap 2015 vs 2014

Grew 123698% on revenue, stronger earnings

approved 2016-04-21; registry 2016-04-25; journal 2016 387738

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT LARS REINSNOS AS. Revenue 1 602 NOK → 1.98m NOK (+123697.8%). Net result +460.1k NOK → +572.7k NOK. Equity 554.4k NOK → 27.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT LARS REINSNOS AS.

Scorecard

Revenue
1 602 NOK 1.98m NOK
+123697.8%
Operating result
+649.2k NOK +811.9k NOK
+25.1%
Net result
+460.1k NOK +572.7k NOK
+24.5%
Equity
554.4k NOK 27.1k NOK
-95.1%
Cash
2 135 NOK 646.1k NOK
+30164.5%
Total assets
1.08m NOK 1.66m NOK
+53.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 602 NOK to 1.98m NOK (+123697.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +649.2k NOK → +811.9k NOK (op. margin 40522.3% → 40.9%). Calculated

  • ↑

    Net result improved

    Net result +460.1k NOK → +572.7k NOK (net margin 28717.9% → 28.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 135 NOK → 646.1k NOK (+30164.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 554.4k NOK → 27.1k NOK (equity ratio 51.2% → 1.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 4 607 NOK → 609.4k NOK (288% → 31% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 8 225 NOK. Reported fact