ADVOKATFIRMA ØKSETER AS: årsregnskap 2014 vs 2013
Grew 40% on revenue, stronger earnings, cash halved-plus
approved 2015-05-22; registry 2015-09-05; journal 2015 788476
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA ØKSETER AS. Revenue 9 000 NOK → 12.6k NOK (+40.4%). Net result -33.6k NOK → -7 750 NOK. Equity 66.5k NOK → 58.7k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA ØKSETER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 9 000 NOK to 12.6k NOK (+40.4% YoY). Calculated
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↑
Net result improved
Net result -33.6k NOK → -7 750 NOK (net margin -372.8% → -61.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +308 NOK → -6 784 NOK (op. margin 3.4% → -53.7%). Calculated
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↓
Equity eroded
Book equity 66.5k NOK → 58.7k NOK (equity ratio 100.0% → 8.6%). Calculated
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↓
Cash fell
Bank deposits 65.3k NOK → 27.4k NOK (-58.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation