ADVOKAT SIGVALD ARNE MORTVEIT AS: årsregnskap 2014 vs 2013
Grew 11% on revenue
approved 2015-05-07; registry 2015-05-30; journal 2015 414467
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT SIGVALD ARNE MORTVEIT AS. Revenue 616.2k NOK → 682.5k NOK (+10.8%). Equity 220.6k NOK → 252.6k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKAT SIGVALD ARNE MORTVEIT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 616.2k NOK to 682.5k NOK (+10.8% YoY). Calculated
-
↑
Operating result improved
Operating result -12.9k NOK → +33.1k NOK (op. margin -2.1% → 4.8%). Calculated
-
↑
Equity strengthened
Book equity 220.6k NOK → 252.6k NOK (equity ratio 50.3% → 46.5%). Calculated
-
↑
Cash rose
Bank deposits 25.4k NOK → 92.5k NOK (+264.9% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.22× → 5.18×. Calculated
Things to notice
-
·
Payroll increased
Salary cost 244.4k NOK → 305.2k NOK (40% → 45% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 32.2k NOK → 24.1k NOK (-25.3% YoY). Calculated