Org.nr 987 675 799 2013 → 2014 Year-over-year analysis

ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-06-16; registry 2015-07-21; journal 2015 622555

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 13.62m NOK → 13.54m NOK (-0.6%). Equity 134.8k NOK → 1.80m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Revenue

13.62m NOK 13.54m NOK

-0.6%

Equity

134.8k NOK 1.80m NOK

+1234.2%

Cash

2.11m NOK 1.93m NOK

-8.3%

Total assets

5.02m NOK 5.51m NOK

+9.7%

↑
Equity strengthened

Book equity 134.8k NOK → 1.80m NOK (equity ratio 2.7% → 32.7%). Calculated
↑
Payroll decreased

Salary cost 10.45m NOK → 9.56m NOK (77% → 71% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 13.62m NOK to 13.54m NOK (-0.6% YoY). Calculated
↓
Cash fell

Bank deposits 2.11m NOK → 1.93m NOK (-8.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.40× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated