ADVOKAT PER ANDERS LØVSLETTEN AS: årsregnskap 2014 vs 2013
Grew 2178% on revenue, weaker earnings
approved 2015-04-30; registry 2015-08-22; journal 2015 734130
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT PER ANDERS LØVSLETTEN AS. Revenue 25.0k NOK → 568.5k NOK (+2177.8%). Net result +118.5k NOK → +38.6k NOK. Equity 877.5k NOK → 714.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT PER ANDERS LØVSLETTEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.0k NOK to 568.5k NOK (+2177.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 479.9k NOK → 315.5k NOK (1923% → 55% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +156.8k NOK → +47.2k NOK (op. margin 628.4% → 8.3%). Calculated
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↓
Net result weakened
Net result +118.5k NOK → +38.6k NOK (net margin 474.8% → 6.8%). Calculated
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↓
Equity eroded
Book equity 877.5k NOK → 714.6k NOK (equity ratio 858.1% → 91.7%). Calculated
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↓
Cash fell
Bank deposits 500.4k NOK → 411.7k NOK (-17.7% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 154.3k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation