Org.nr 996 262 375 2014 → 2015 Year-over-year analysis

ADVOKATFIRMA FONN AS: årsregnskap 2015 vs 2014

Grew 13% on revenue, cash halved-plus

approved 2016-04-20; registry 2016-05-25; journal 2016 442889

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA FONN AS. Revenue 2.42m NOK → 2.73m NOK (+12.8%). Equity 1.83m NOK → 1.14m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

Scorecard

Revenue
2.42m NOK 2.73m NOK
+12.8%
Equity
1.83m NOK 1.14m NOK
-38.0%
Cash
542.7k NOK 143.4k NOK
-73.6%
Total assets
2.33m NOK 2.66m NOK
+14.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.42m NOK to 2.73m NOK (+12.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.83m NOK → 1.14m NOK (equity ratio 78.6% → 42.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 542.7k NOK → 143.4k NOK (-73.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.00× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.56m NOK → 1.71m NOK (64% → 63% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 218.2k NOK → 1.16m NOK. Reported fact