FirmaIQ
Org.nr 997 930 169 2014 → 2015 Year-over-year analysis

ADVOKAT OLE HÅKON ELLINGSEN AS: årsregnskap 2015 vs 2014

Grew 16% on revenue

approved 2016-03-28; registry 2016-04-21; journal 2016 380578

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT OLE HÅKON ELLINGSEN AS. Revenue 2.27m NOK → 2.63m NOK (+16.0%). Equity 402.3k NOK → 62.7k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT OLE HÅKON ELLINGSEN AS.

At a glance

Scorecard

Revenue
2.27m NOK 2.63m NOK
+16.0%
Equity
402.3k NOK 62.7k NOK
-84.4%
Cash
1.19m NOK 787.9k NOK
-33.8%
Total assets
1.82m NOK 1.53m NOK
-15.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.27m NOK to 2.63m NOK (+16.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 402.3k NOK → 62.7k NOK (equity ratio 22.1% → 4.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.19m NOK → 787.9k NOK (-33.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 831.0k NOK → 1.03m NOK (37% → 39% of revenue). Calculated