Org.nr 999 611 885 2014 → 2015 Year-over-year analysis

ADVOKATENE GRAASVOLD & STENVAAG AS: årsregnskap 2015 vs 2014

Mixed movements in the accounts

approved 2016-04-05; registry 2016-04-12; journal 2016 362356

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATENE GRAASVOLD & STENVAAG AS. Revenue 3.37m NOK → 3.41m NOK (+1.2%). Equity 9.41m NOK → 42.4k NOK.

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

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

At a glance

Revenue

3.37m NOK 3.41m NOK

+1.2%

Operating result

+666.2k NOK n/m

—

Net result

+480.3k NOK n/m

—

Equity

9.41m NOK 42.4k NOK

-99.5%

Cash

292.2k NOK 743.1k NOK

+154.3%

Total assets

1.28m NOK 1.59m NOK

+23.4%

↑
Revenue rose

Operating income / revenue moved from 3.37m NOK to 3.41m NOK (+1.2% YoY). Calculated
↑
Cash rose

Bank deposits 292.2k NOK → 743.1k NOK (+154.3% YoY). Calculated
↑
Payroll decreased

Salary cost 1.92m NOK → 1.85m NOK (57% → 54% of revenue). Calculated

↓
Equity eroded

Book equity 9.41m NOK → 42.4k NOK (equity ratio 732.7% → 2.7%). Calculated

·
Thin equity buffer

Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 9 381 NOK → 40.2k NOK (+328.4% YoY). Calculated