Org.nr 988 971 332 2014 → 2015 Year-over-year analysis

ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2015 vs 2014

Grew 57% on revenue

approved 2016-02-22; registry 2016-03-10; journal 2016 323825

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 2.23m NOK → 3.51m NOK (+57.2%). Equity 573.8k NOK → -542.0k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKAT OLE MORTEN HUSMO AS.

Scorecard

Revenue
2.23m NOK 3.51m NOK
+57.2%
Operating result
+243.5k NOK -543.5k NOK
-323.2%
Net result
+213.0k NOK n/m
—
Equity
573.8k NOK -542.0k NOK
-194.5%
Cash
8 NOK 20.7k NOK
+259175.0%
Total assets
1.53m NOK 1.28m NOK
-16.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.23m NOK to 3.51m NOK (+57.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 8 NOK → 20.7k NOK (+259175.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +243.5k NOK → -543.5k NOK (op. margin 10.9% → -15.5%). Calculated

  • ↓

    Equity eroded

    Book equity 573.8k NOK → -542.0k NOK (equity ratio 37.4% → -42.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -42.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 103.1k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1.40m NOK → 3.19m NOK (63% → 91% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 614.3k NOK → 5 000 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact