ADVOKAT LEIRVÅG AS: årsregnskap 2014 vs 2013
Shrank 12% on revenue, stronger earnings
approved 2015-04-13; registry 2015-04-23; journal 2015 367733
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT LEIRVÅG AS. Revenue 2.44m NOK → 2.16m NOK (-11.6%). Net result +5 961 NOK → +759.1k NOK. Equity 626.4k NOK → 885.5k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +5 961 NOK → +759.1k NOK (net margin 0.2% → 35.2%). Calculated
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Equity strengthened
Book equity 626.4k NOK → 885.5k NOK (equity ratio 33.2% → 48.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.44m NOK to 2.16m NOK (-11.6% YoY). Calculated
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Cash fell
Bank deposits 965.0k NOK → 722.8k NOK (-25.1% YoY). Calculated
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Payroll up without matching revenue
Salary cost 572.0k NOK → 710.4k NOK (23% → 33% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 10.5k NOK → 18.1k NOK (+72.9% YoY). Calculated