Org.nr 989 480 669 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2014 vs 2013

Shrank 68% on revenue, stronger earnings

approved 2015-04-28; registry 2015-08-29; journal 2015 759125

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 1.35m NOK → 436.9k NOK (-67.5%). Net result +1 609 NOK → +87.8k NOK. Equity 196.8k NOK → 284.6k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
1.35m NOK 436.9k NOK
-67.5%
Operating result
+41.8k NOK +158.7k NOK
+280.1%
Net result
+1 609 NOK +87.8k NOK
+5356.4%
Equity
196.8k NOK 284.6k NOK
+44.6%
Cash
11.6k NOK 23.7k NOK
+104.4%
Total assets
856.6k NOK 764.6k NOK
-10.7%

What improved

  • ↑

    Operating result improved

    Operating result +41.8k NOK → +158.7k NOK (op. margin 3.1% → 36.3%). Calculated

  • ↑

    Net result improved

    Net result +1 609 NOK → +87.8k NOK (net margin 0.1% → 20.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 196.8k NOK → 284.6k NOK (equity ratio 23.0% → 37.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.6k NOK → 23.7k NOK (+104.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 722.7k NOK → 682.6k NOK (54% → 156% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.35m NOK to 436.9k NOK (-67.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -5 365 NOK → 27.0k NOK (+602.7% YoY). Calculated