Org.nr 912 676 951 2014 → 2015 Year-over-year analysis

ADVOKATENE I VALDRES AS: årsregnskap 2015 vs 2014

Grew 6% on revenue, returned to profit

approved 2015-12-31; registry 2016-04-23; journal 2016 385000

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATENE I VALDRES AS. Revenue 682.6k NOK → 720.6k NOK (+5.6%). Net result -72.4k NOK → +15.0k NOK. Equity -80.4k NOK → -65.4k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATENE I VALDRES AS.

Scorecard

Revenue
682.6k NOK 720.6k NOK
+5.6%
Operating result
-73.2k NOK +14.3k NOK
+119.6%
Net result
-72.4k NOK +15.0k NOK
+120.8%
Equity
-80.4k NOK -65.4k NOK
+18.7%
Cash
38.3k NOK 49.8k NOK
+30.3%
Total assets
119.3k NOK 61.8k NOK
-48.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 682.6k NOK to 720.6k NOK (+5.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -73.2k NOK → +14.3k NOK (op. margin -10.7% → 2.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 72.4k NOK to a profit of 15.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -80.4k NOK → -65.4k NOK (equity ratio -67.4% → -105.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.3k NOK → 49.8k NOK (+30.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -105.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 289.4k NOK → 296.1k NOK (42% → 41% of revenue). Calculated