FirmaIQ
Org.nr 996 242 307 2014 → 2015 Year-over-year analysis

ADVOKATENE BORGERSEN & STEINSVÅG AS: årsregnskap 2015 vs 2014

Grew 7% on revenue, cash halved-plus

approved 2016-03-14; registry 2016-04-26; journal 2016 391124

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATENE BORGERSEN & STEINSVÅG AS. Revenue 4.22m NOK → 4.50m NOK (+6.7%). Equity 2.65m NOK → 932.3k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKATENE BORGERSEN & STEINSVÅG AS.

At a glance

Scorecard

Revenue
4.22m NOK 4.50m NOK
+6.7%
Equity
2.65m NOK 932.3k NOK
-64.8%
Cash
1.59m NOK 498.2k NOK
-68.8%
Total assets
3.54m NOK 2.55m NOK
-27.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.22m NOK to 4.50m NOK (+6.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.65m NOK → 932.3k NOK (equity ratio 74.9% → 36.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.59m NOK → 498.2k NOK (-68.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.80× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.59m NOK → 498.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 1.81m NOK → 2.28m NOK (43% → 51% of revenue). Calculated