FirmaIQ
Org.nr 991 556 664 2014 → 2015 Year-over-year analysis

ADVOKATENE HOVDE MNA AS: årsregnskap 2015 vs 2014

Grew 27% on revenue, stronger earnings

approved 2016-04-29; registry 2016-09-01; journal 2016 888357

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATENE HOVDE MNA AS. Revenue 3.80m NOK → 4.82m NOK (+26.6%). Net result +50.0k NOK → +221.9k NOK. Equity 1.05m NOK → 571.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE HOVDE MNA AS.

At a glance

Scorecard

Revenue
3.80m NOK 4.82m NOK
+26.6%
Operating result
+47.2k NOK +323.9k NOK
+585.5%
Net result
+50.0k NOK +221.9k NOK
+343.9%
Equity
1.05m NOK 571.2k NOK
-45.6%
Cash
300.1k NOK 745.2k NOK
+148.3%
Total assets
2.02m NOK 2.73m NOK
+35.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.80m NOK to 4.82m NOK (+26.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +47.2k NOK → +323.9k NOK (op. margin 1.2% → 6.7%). Calculated

  • ↑

    Net result improved

    Net result +50.0k NOK → +221.9k NOK (net margin 1.3% → 4.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 300.1k NOK → 745.2k NOK (+148.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.05m NOK → 571.2k NOK (equity ratio 52.0% → 20.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.39m NOK → 2.60m NOK (63% → 54% of revenue). Calculated