FirmaIQ
Org.nr 987 902 248 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2014 vs 2013

Shrank 11% on revenue, stronger earnings

approved 2015-06-16; registry 2015-07-27; journal 2015 648743

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 5.15m NOK → 4.60m NOK (-10.7%). Net result +3 781 NOK → +1.32m NOK. Equity 2.33m NOK → 2.65m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA HOLTHE & CO AS.

At a glance

Scorecard

Revenue
5.15m NOK 4.60m NOK
-10.7%
Operating result
+366.4k NOK +1.63m NOK
+344.2%
Net result
+3 781 NOK +1.32m NOK
+34873.3%
Equity
2.33m NOK 2.65m NOK
+13.9%
Cash
947.2k NOK 972.6k NOK
+2.7%
Total assets
3.78m NOK 4.76m NOK
+25.9%

What improved

  • ↑

    Operating result improved

    Operating result +366.4k NOK → +1.63m NOK (op. margin 7.1% → 35.4%). Calculated

  • ↑

    Net result improved

    Net result +3 781 NOK → +1.32m NOK (net margin 0.1% → 28.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.33m NOK → 2.65m NOK (equity ratio 61.5% → 55.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 947.2k NOK → 972.6k NOK (+2.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.90m NOK → 1.86m NOK (37% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.15m NOK to 4.60m NOK (-10.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 108.4k NOK → 1.72m NOK. Reported fact