FirmaIQ
Org.nr 987 675 799 2014 → 2015 Year-over-year analysis

ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2015 vs 2014

Shrank 28% on revenue, cash halved-plus

approved 2016-04-29; registry 2016-05-10; journal 2016 411801

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 13.54m NOK → 9.71m NOK (-28.3%). Equity 1.80m NOK → 1.63m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATENE CHRISTIAN WIIG & CO AS.

At a glance

Scorecard

Revenue
13.54m NOK 9.71m NOK
-28.3%
Equity
1.80m NOK 1.63m NOK
-9.2%
Cash
1.93m NOK 650.7k NOK
-66.3%
Total assets
5.51m NOK 4.00m NOK
-27.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 9.56m NOK → 6.78m NOK (71% → 70% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.54m NOK to 9.71m NOK (-28.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.80m NOK → 1.63m NOK (equity ratio 32.7% → 40.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.93m NOK → 650.7k NOK (-66.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.93m NOK → 650.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation