FirmaIQ
Org.nr 999 611 885 2013 → 2014 Year-over-year analysis

ADVOKATENE GRAASVOLD & STENVAAG AS: årsregnskap 2014 vs 2013

Grew 221571% on revenue, stronger earnings, cash halved-plus

approved 2015-04-16; registry 2015-05-06; journal 2015 382253

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATENE GRAASVOLD & STENVAAG AS. Revenue 1 520 NOK → 3.37m NOK (+221570.9%). Net result +382.2k NOK → +480.3k NOK. Equity 30.0k NOK → 9.41m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATENE GRAASVOLD & STENVAAG AS.

At a glance

Scorecard

Revenue
1 520 NOK 3.37m NOK
+221570.9%
Operating result
+528.1k NOK +666.2k NOK
+26.2%
Net result
+382.2k NOK +480.3k NOK
+25.7%
Equity
30.0k NOK 9.41m NOK
+31267.5%
Cash
607.7k NOK 292.2k NOK
-51.9%
Total assets
1.02m NOK 1.28m NOK
+26.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 520 NOK to 3.37m NOK (+221570.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +528.1k NOK → +666.2k NOK (op. margin 34743.8% → 19.8%). Calculated

  • ↑

    Net result improved

    Net result +382.2k NOK → +480.3k NOK (net margin 25141.6% → 14.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 30.0k NOK → 9.41m NOK (equity ratio 3.0% → 732.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 607.7k NOK → 292.2k NOK (-51.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 748 NOK → 1.92m NOK (181% → 57% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 170 NOK → 9 381 NOK (+5418.2% YoY). Calculated