Org.nr 990 573 603 2014 → 2015 Year-over-year analysis

ADVOKAT MAGNHILD MERINGEN AS: årsregnskap 2015 vs 2014

Grew 10% on revenue, weaker earnings

approved 2016-04-04; registry 2016-04-09; journal 2016 358724

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT MAGNHILD MERINGEN AS. Revenue 1.99m NOK → 2.19m NOK (+10.2%). Net result +361.7k NOK → +276.0k NOK. Equity 840.4k NOK → 916.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT MAGNHILD MERINGEN AS.

Scorecard

Revenue
1.99m NOK 2.19m NOK
+10.2%
Operating result
+465.1k NOK +404.3k NOK
-13.1%
Net result
+361.7k NOK +276.0k NOK
-23.7%
Equity
840.4k NOK 916.5k NOK
+9.0%
Cash
554.1k NOK 655.8k NOK
+18.3%
Total assets
1.58m NOK 2.78m NOK
+76.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.99m NOK to 2.19m NOK (+10.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 840.4k NOK → 916.5k NOK (equity ratio 53.3% → 33.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 554.1k NOK → 655.8k NOK (+18.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +465.1k NOK → +404.3k NOK (op. margin 23.4% → 18.5%). Calculated

  • ↓

    Net result weakened

    Net result +361.7k NOK → +276.0k NOK (net margin 18.2% → 12.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 273.8k NOK → 1.35m NOK (14% → 62% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1 200 NOK. Reported fact