Org.nr 811 880 612 2014 → 2015 Year-over-year analysis

ADVOKAT STIG E. MORTENSEN AS: årsregnskap 2015 vs 2014

Slipped into loss

approved 2016-03-30; registry 2016-05-14; journal 2016 425555

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT STIG E. MORTENSEN AS. Revenue 2.19m NOK → 2.19m NOK (+0.0%). Net result +397.6k NOK → -2 819 NOK. Equity 326.4k NOK → 1.13m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT STIG E. MORTENSEN AS.

Scorecard

Revenue
2.19m NOK 2.19m NOK
+0.0%
Operating result
+529.0k NOK -19.9k NOK
-103.8%
Net result
+397.6k NOK -2 819 NOK
-100.7%
Equity
326.4k NOK 1.13m NOK
+247.3%
Cash
716.4k NOK 722.0k NOK
+0.8%
Total assets
2.06m NOK 1.52m NOK
-26.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.19m NOK to 2.19m NOK (+0.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 326.4k NOK → 1.13m NOK (equity ratio 15.9% → 74.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 716.4k NOK → 722.0k NOK (+0.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +529.0k NOK → -19.9k NOK (op. margin 24.1% → -0.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 397.6k NOK profit to a loss of 2 819 NOK. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.30m NOK → 1.77m NOK (59% → 81% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 300.0k NOK → 216.0k NOK. Reported fact