FirmaIQ
Org.nr 913 252 861 2014 → 2015 Year-over-year analysis

ADVOKAT SIVERTSVIK AS: årsregnskap 2015 vs 2014

Shrank 89% on revenue

approved 2016-05-31; registry 2016-07-09; journal 2016 654591

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT SIVERTSVIK AS. Revenue 786.9k NOK → 83.9k NOK (-89.3%). Equity -81.1k NOK → -211.2k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT SIVERTSVIK AS.

At a glance

Scorecard

Revenue
786.9k NOK 83.9k NOK
-89.3%
Operating result
n/m -160.7k NOK
—
Equity
-81.1k NOK -211.2k NOK
-160.4%
Cash
95.5k NOK 242.7k NOK
+154.1%
Total assets
280.1k NOK 436.9k NOK
+56.0%

What improved

  • ↑

    Cash rose

    Bank deposits 95.5k NOK → 242.7k NOK (+154.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 786.9k NOK to 83.9k NOK (-89.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -81.1k NOK → -211.2k NOK (equity ratio -29.0% → -48.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5 445 NOK → 1.04m NOK (1% → 1245% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -48.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation