Org.nr 989 930 958 2014 → 2015 Year-over-year analysis

ADVOKAT STENSLAND & CO AS: årsregnskap 2015 vs 2014

Shrank 17% on revenue

approved 2016-04-26; registry 2016-05-10; journal 2016 412451

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT STENSLAND & CO AS. Revenue 1.85m NOK → 1.53m NOK (-16.9%). Equity 248.2k NOK → 241.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
1.85m NOK 1.53m NOK
-16.9%
Equity
248.2k NOK 241.2k NOK
-2.8%
Cash
526.0k NOK 485.7k NOK
-7.7%
Total assets
777.8k NOK 742 NOK
-99.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.93m NOK → 641.9k NOK (159% → 42% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.85m NOK to 1.53m NOK (-16.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 248.2k NOK → 241.2k NOK (equity ratio 31.9% → 32510.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 526.0k NOK → 485.7k NOK (-7.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.47× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 385.7k NOK → 590.4k NOK (+53.1% YoY). Calculated