FirmaIQ
Org.nr 992 700 785 2014 → 2015 Year-over-year analysis

ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2015 vs 2014

Shrank 19% on revenue, slipped into loss

approved 2016-03-17; registry 2016-07-21; journal 2016 710499

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 2.28m NOK → 1.83m NOK (-19.5%). Net result +77.2k NOK → -438.4k NOK. Equity 785.7k NOK → 347.3k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.28m NOK 1.83m NOK
-19.5%
Operating result
+100.6k NOK +450.8k NOK
+348.2%
Net result
+77.2k NOK -438.4k NOK
-668.0%
Equity
785.7k NOK 347.3k NOK
-55.8%
Cash
87.3k NOK 106.0k NOK
+21.4%
Total assets
1.28m NOK 1.30m NOK
+1.7%

What improved

  • ↑

    Operating result improved

    Operating result +100.6k NOK → +450.8k NOK (op. margin 4.4% → 24.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 87.3k NOK → 106.0k NOK (+21.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.28m NOK to 1.83m NOK (-19.5% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 77.2k NOK profit to a loss of 438.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 785.7k NOK → 347.3k NOK (equity ratio 61.3% → 26.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 10.57m NOK → 10.66m NOK (464% → 581% of revenue). Calculated