Org.nr 999 590 713 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA NIEDZIELSKI AS: årsregnskap 2014 vs 2013

Grew 220732% on revenue, cash halved-plus

approved 2015-04-14; registry 2015-04-21; journal 2015 362735

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA NIEDZIELSKI AS. Revenue 1 224 NOK → 2.70m NOK (+220732.4%). Equity 264.9k NOK → 867.6k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA NIEDZIELSKI AS.

Scorecard

Revenue
1 224 NOK 2.70m NOK
+220732.4%
Operating result
+318.2k NOK +807.9k NOK
+153.9%
Net result
n/m +602.8k NOK
—
Equity
264.9k NOK 867.6k NOK
+227.6%
Cash
680.7k NOK 276.8k NOK
-59.3%
Total assets
866.3k NOK 531.4k NOK
-38.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 224 NOK to 2.70m NOK (+220732.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +318.2k NOK → +807.9k NOK (op. margin 25998.0% → 29.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 264.9k NOK → 867.6k NOK (equity ratio 30.6% → 163.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 259.1k NOK → 1 185 NOK (21167% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 680.7k NOK → 276.8k NOK (-59.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.44× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 20.5k NOK → 43.3k NOK (+111.6% YoY). Calculated