FirmaIQ
Org.nr 977 107 326 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2014 vs 2013

Shrank 16% on revenue, stronger earnings

approved 2015-05-25; registry 2015-07-30; journal 2015 665159

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 2.32m NOK → 1.95m NOK (-16.0%). Net result +51.4k NOK → +86.5k NOK. Equity -66.9k NOK → 19.5k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.32m NOK 1.95m NOK
-16.0%
Operating result
+129.4k NOK +166.0k NOK
+28.2%
Net result
+51.4k NOK +86.5k NOK
+68.0%
Equity
-66.9k NOK 19.5k NOK
+129.2%
Cash
136.4k NOK 185.6k NOK
+36.1%
Total assets
942.3k NOK 798.5k NOK
-15.3%

What improved

  • ↑

    Operating result improved

    Operating result +129.4k NOK → +166.0k NOK (op. margin 5.6% → 8.5%). Calculated

  • ↑

    Net result improved

    Net result +51.4k NOK → +86.5k NOK (net margin 2.2% → 4.4%). Calculated

  • ↑

    Equity strengthened

    Book equity -66.9k NOK → 19.5k NOK (equity ratio -7.1% → 2.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 136.4k NOK → 185.6k NOK (+36.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.12m NOK → 1.06m NOK (48% → 54% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.32m NOK to 1.95m NOK (-16.0% YoY). Calculated