Org.nr 989 228 226 2014 → 2015 Year-over-year analysis

ADVOKAT TORE SVEEN AS: årsregnskap 2015 vs 2014

Shrank 97% on revenue, returned to profit, cash halved-plus

approved 2016-06-30; registry 2016-08-02; journal 2016 788393

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT TORE SVEEN AS. Revenue 97.3k NOK → 3 250 NOK (-96.7%). Net result -210.2k NOK → +417.8k NOK. Equity 1.59m NOK → 2.01m NOK.

On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
97.3k NOK 3 250 NOK
-96.7%
Operating result
-258.4k NOK -340.6k NOK
-31.8%
Net result
-210.2k NOK +417.8k NOK
+298.8%
Equity
1.59m NOK 2.01m NOK
+26.3%
Cash
316.5k NOK 152.0k NOK
-52.0%
Total assets
3.12m NOK 6.28m NOK
+101.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 210.2k NOK to a profit of 417.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.59m NOK → 2.01m NOK (equity ratio 51.0% → 32.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 1.56m NOK (+1.46m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 97.3k NOK to 3 250 NOK (-96.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -258.4k NOK → -340.6k NOK (op. margin -265.6% → -10480.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 316.5k NOK → 152.0k NOK (-52.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -12.8k NOK → 1.11m NOK (-13% → 34259% of revenue). Calculated