ADVOKAT LEIF DRILLESTAD AS: årsregnskap 2014 vs 2013
Shrank 49% on revenue, weaker earnings
approved 2015-05-21; registry 2015-06-22; journal 2015 498265
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT LEIF DRILLESTAD AS. Revenue 360.0k NOK → 182.5k NOK (-49.3%). Net result +360.6k NOK → +181.6k NOK. Equity 624.5k NOK → 531.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT LEIF DRILLESTAD AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 185.9k NOK → 206.1k NOK (+10.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 360.0k NOK to 182.5k NOK (-49.3% YoY). Calculated
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↓
Operating result weakened
Operating result +349.7k NOK → +168.2k NOK (op. margin 97.2% → 92.2%). Calculated
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↓
Net result weakened
Net result +360.6k NOK → +181.6k NOK (net margin 100.2% → 99.5%). Calculated
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↓
Equity eroded
Book equity 624.5k NOK → 531.1k NOK (equity ratio 40.1% → 74.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5.50m NOK → 500.0k NOK. Reported fact