FirmaIQ
Org.nr 990 209 022 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA ØGLÆND & CO AS: årsregnskap 2014 vs 2013

Shrank 100% on revenue, weaker earnings

approved 2015-04-24; registry 2015-05-07; journal 2015 384632

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA ØGLÆND & CO AS. Revenue 4.36m NOK → 8 130 NOK (-99.8%). Net result +50.1k NOK → +30.0k NOK. Equity 6 300 NOK → 350 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA ØGLÆND & CO AS.

At a glance

Scorecard

Revenue
4.36m NOK 8 130 NOK
-99.8%
Operating result
+68.5k NOK +68.1k NOK
-0.6%
Net result
+50.1k NOK +30.0k NOK
-40.1%
Equity
6 300 NOK 350 NOK
-94.4%
Cash
190.9k NOK 151.8k NOK
-20.5%
Total assets
1.51m NOK 1.68m NOK
+11.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.36m NOK to 8 130 NOK (-99.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +68.5k NOK → +68.1k NOK (op. margin 1.6% → 837.6%). Calculated

  • ↓

    Net result weakened

    Net result +50.1k NOK → +30.0k NOK (net margin 1.1% → 369.0%). Calculated

  • ↓

    Equity eroded

    Book equity 6 300 NOK → 350 NOK (equity ratio 0.4% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 190.9k NOK → 151.8k NOK (-20.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation