FirmaIQ
Org.nr 997 522 656 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA FOLSERAAS AS: årsregnskap 2014 vs 2013

Grew 36% on revenue, returned to profit

approved 2015-02-20; registry 2015-02-28; journal 2015 312802

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA FOLSERAAS AS. Revenue 720.8k NOK → 977.3k NOK (+35.6%). Net result -46.4k NOK → +88.6k NOK. Equity 56.2k NOK → 144.8k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA FOLSERAAS AS.

At a glance

Scorecard

Revenue
720.8k NOK 977.3k NOK
+35.6%
Operating result
-67.3k NOK +113.7k NOK
+269.1%
Net result
-46.4k NOK +88.6k NOK
+290.7%
Equity
56.2k NOK 144.8k NOK
+157.5%
Cash
93.2k NOK 100.5k NOK
+7.9%
Total assets
271.1k NOK 394.9k NOK
+45.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 720.8k NOK to 977.3k NOK (+35.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -67.3k NOK → +113.7k NOK (op. margin -9.3% → 11.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 46.4k NOK to a profit of 88.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 56.2k NOK → 144.8k NOK (equity ratio 20.7% → 36.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 93.2k NOK → 100.5k NOK (+7.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 243.6k NOK → 559.3k NOK (34% → 57% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 43.9k NOK → 8 981 NOK (-79.5% YoY). Calculated