Org.nr 997 178 009 2014 → 2015 Year-over-year analysis

ADVOKAT VIDAR SINDING AS: årsregnskap 2015 vs 2014

Grew 23% on revenue, slipped into loss

approved 2016-05-02; registry 2016-05-23; journal 2016 435335

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKAT VIDAR SINDING AS. Revenue 1.80m NOK → 2.22m NOK (+23.5%). Net result +627.3k NOK → -139.9k NOK. Equity 845.4k NOK → 555.5k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT VIDAR SINDING AS.

Scorecard

Revenue
1.80m NOK 2.22m NOK
+23.5%
Operating result
+984.0k NOK -121.8k NOK
-112.4%
Net result
+627.3k NOK -139.9k NOK
-122.3%
Equity
845.4k NOK 555.5k NOK
-34.3%
Cash
35.1k NOK 91.0k NOK
+159.0%
Total assets
1.34m NOK 15.9k NOK
-98.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.80m NOK to 2.22m NOK (+23.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 35.1k NOK → 91.0k NOK (+159.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +984.0k NOK → -121.8k NOK (op. margin 54.6% → -5.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 627.3k NOK profit to a loss of 139.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 845.4k NOK → 555.5k NOK (equity ratio 63.1% → 3490.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.21× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 50.2k NOK → 81.5k NOK (+62.3% YoY). Calculated