FirmaIQ
Org.nr 989 230 905 2014 → 2015 Year-over-year analysis

ADVOKAT SIGVALD ARNE MORTVEIT AS: årsregnskap 2015 vs 2014

Grew 36% on revenue, stronger earnings

approved 2016-04-28; registry 2016-06-21; journal 2016 546467

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT SIGVALD ARNE MORTVEIT AS. Revenue 682.5k NOK → 929.6k NOK (+36.2%). Net result +32.0k NOK → +184.6k NOK. Equity 252.6k NOK → 437.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT SIGVALD ARNE MORTVEIT AS.

At a glance

Scorecard

Revenue
682.5k NOK 929.6k NOK
+36.2%
Operating result
+33.1k NOK +204.1k NOK
+517.5%
Net result
+32.0k NOK +184.6k NOK
+476.5%
Equity
252.6k NOK 437.2k NOK
+73.1%
Cash
92.5k NOK 77.3k NOK
-16.4%
Total assets
543.3k NOK 771.3k NOK
+42.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 682.5k NOK to 929.6k NOK (+36.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +33.1k NOK → +204.1k NOK (op. margin 4.8% → 22.0%). Calculated

  • ↑

    Net result improved

    Net result +32.0k NOK → +184.6k NOK (net margin 4.7% → 19.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 252.6k NOK → 437.2k NOK (equity ratio 46.5% → 56.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 305.2k NOK → 268.8k NOK (45% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 92.5k NOK → 77.3k NOK (-16.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 24.1k NOK → 134.3k NOK (+458.4% YoY). Calculated