ADVOKATFIRMA ARVE HAAKSTAD AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-02-11; registry 2015-02-21; journal 2015 308170
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA ARVE HAAKSTAD AS. Revenue 1.85m NOK → 1.82m NOK (-1.8%). Net result +617.9k NOK → +18.2k NOK. Equity 989.6k NOK → 7 847 NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA ARVE HAAKSTAD AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 17.0k NOK → 1.89m NOK (+10995.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 662.4k NOK → 166.4k NOK (36% → 9% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.85m NOK to 1.82m NOK (-1.8% YoY). Calculated
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↓
Operating result weakened
Operating result +400.2k NOK → +10.6k NOK (op. margin 21.6% → 0.6%). Calculated
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↓
Net result weakened
Net result +617.9k NOK → +18.2k NOK (net margin 33.4% → 1.0%). Calculated
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↓
Equity eroded
Book equity 989.6k NOK → 7 847 NOK (equity ratio 15.2% → 0.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation