ADVOKAT NIELS - CHRISTIAN HOLM AS: årsregnskap 2014 vs 2013
Shrank 11% on revenue, returned to profit
approved 2015-05-28; registry 2015-06-17; journal 2015 480129
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT NIELS - CHRISTIAN HOLM AS. Revenue 773.0k NOK → 690.0k NOK (-10.7%). Net result -38.8k NOK → +7 244 NOK. Equity 63.4k NOK → 70.7k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 38.8k NOK to a profit of 7 244 NOK. Calculated
-
↑
Equity strengthened
Book equity 63.4k NOK → 70.7k NOK (equity ratio 14.3% → 11.3%). Calculated
-
↑
Cash rose
Bank deposits 53.8k NOK → 126.8k NOK (+135.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 530.0k NOK → 416.6k NOK (69% → 60% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 773.0k NOK to 690.0k NOK (-10.7% YoY). Calculated