ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2015 vs 2014
Weaker earnings
approved 2016-06-17; registry 2016-06-28; journal 2016 580755
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 4.60m NOK → 4.71m NOK (+2.5%). Net result +1.32m NOK → +291.8k NOK. Equity 2.65m NOK → 2.23m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA HOLTHE & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.60m NOK to 4.71m NOK (+2.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.86m NOK → 1.57m NOK (40% → 33% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.63m NOK → +165.3k NOK (op. margin 35.4% → 3.5%). Calculated
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↓
Net result weakened
Net result +1.32m NOK → +291.8k NOK (net margin 28.8% → 6.2%). Calculated
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↓
Equity eroded
Book equity 2.65m NOK → 2.23m NOK (equity ratio 55.6% → 49.2%). Calculated
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↓
Cash fell
Bank deposits 972.6k NOK → 558.9k NOK (-42.5% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 104.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1.72m NOK → 1.45m NOK. Reported fact