ADVOKAT VIDAR SINDING AS: årsregnskap 2014 vs 2013
Shrank 17% on revenue, stronger earnings
approved 2015-04-27; registry 2015-05-16; journal 2015 396597
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKAT VIDAR SINDING AS. Revenue 2.17m NOK → 1.80m NOK (-16.9%). Net result +360.7k NOK → +627.3k NOK. Equity 218.0k NOK → 845.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT VIDAR SINDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +533.2k NOK → +984.0k NOK (op. margin 24.6% → 54.6%). Calculated
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↑
Net result improved
Net result +360.7k NOK → +627.3k NOK (net margin 16.6% → 34.8%). Calculated
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↑
Equity strengthened
Book equity 218.0k NOK → 845.4k NOK (equity ratio 5.4% → 63.1%). Calculated
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Cash rose
Bank deposits 25.6k NOK → 35.1k NOK (+37.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 1.21×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.17m NOK to 1.80m NOK (-16.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 62.6k NOK → 50.2k NOK (-19.8% YoY). Calculated