FirmaIQ
Org.nr 996 262 375 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA FONN AS: årsregnskap 2014 vs 2013

Shrank 9% on revenue, cash halved-plus

approved 2015-03-25; registry 2015-04-04; journal 2015 341819

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA FONN AS. Revenue 2.65m NOK → 2.42m NOK (-8.6%). Equity 1.98m NOK → 1.83m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA FONN AS.

At a glance

Scorecard

Revenue
2.65m NOK 2.42m NOK
-8.6%
Equity
1.98m NOK 1.83m NOK
-7.3%
Cash
1.54m NOK 542.7k NOK
-64.9%
Total assets
2.68m NOK 2.33m NOK
-13.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.11m NOK → 1.56m NOK (80% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.65m NOK to 2.42m NOK (-8.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.98m NOK → 1.83m NOK (equity ratio 73.8% → 78.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.54m NOK → 542.7k NOK (-64.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.54m NOK → 542.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 165.0k NOK → 218.2k NOK. Reported fact