ADVOKAT MORTEN ENGESBAK AS: årsregnskap 2014 vs 2013
Grew 227% on revenue
approved 2015-05-21; registry 2015-09-26; journal 2015 881267
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT MORTEN ENGESBAK AS. Revenue 656 NOK → 2 148 NOK (+227.4%). Equity 0 NOK → -478.7k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT MORTEN ENGESBAK AS.
At a glance
Scorecard
Revenue
656 NOK
2 148 NOK
+227.4%
Equity
0 NOK
-478.7k NOK
—
Cash
n/m
360.5k NOK
—
Total assets
0 NOK
1.46m NOK
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 656 NOK to 2 148 NOK (+227.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 0 NOK → -478.7k NOK. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -32.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation