Org.nr 990 835 470 2014 → 2015 Year-over-year analysis

ADVOKAT LEIF DRILLESTAD AS: årsregnskap 2015 vs 2014

Grew 286% on revenue, stronger earnings

approved 2016-04-27; registry 2016-08-20; journal 2016 837693

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT LEIF DRILLESTAD AS. Revenue 182.5k NOK → 703.8k NOK (+285.6%). Net result +181.6k NOK → +449.9k NOK. Equity 531.1k NOK → 831.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT LEIF DRILLESTAD AS.

Scorecard

Revenue
182.5k NOK 703.8k NOK
+285.6%
Operating result
+168.2k NOK +610.0k NOK
+262.6%
Net result
+181.6k NOK +449.9k NOK
+147.7%
Equity
531.1k NOK 831.1k NOK
+56.5%
Cash
206.1k NOK 667.9k NOK
+224.1%
Total assets
709.1k NOK 235.5k NOK
-66.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 182.5k NOK to 703.8k NOK (+285.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +168.2k NOK → +610.0k NOK (op. margin 92.2% → 86.7%). Calculated

  • ↑

    Net result improved

    Net result +181.6k NOK → +449.9k NOK (net margin 99.5% → 63.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 531.1k NOK → 831.1k NOK (equity ratio 74.9% → 352.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 206.1k NOK → 667.9k NOK (+224.1% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.17× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 500.0k NOK → 7 500 NOK. Reported fact