ADVOKATFIRMA ENGENES AS: årsregnskap 2015 vs 2014
Grew 35% on revenue
approved 2016-04-04; registry 2016-04-13; journal 2016 365068
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA ENGENES AS. Revenue 4.00m NOK → 5.39m NOK (+34.8%). Equity 300.0k NOK → 238.7k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA ENGENES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.00m NOK to 5.39m NOK (+34.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.05× → 1.04×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 300.0k NOK → 238.7k NOK (equity ratio 12.6% → 7.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.35m NOK → 1.80m NOK (34% → 33% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 264.6k NOK → 246.4k NOK (-6.9% YoY). Calculated