ADVOKATFIRMA ØKSETER AS: årsregnskap 2015 vs 2014
Shrank 95% on revenue, cash halved-plus
approved 2016-04-15; registry 2016-04-21; journal 2016 382656
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA ØKSETER AS. Revenue 12.6k NOK → 660 NOK (-94.8%). Net result -7 750 NOK → -3 040 NOK. Equity 58.7k NOK → 55.7k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA ØKSETER AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -7 750 NOK → -3 040 NOK (net margin -61.3% → -460.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.6k NOK to 660 NOK (-94.8% YoY). Calculated
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↓
Operating result weakened
Operating result -6 784 NOK → -13.7k NOK (op. margin -53.7% → -2078.0%). Calculated
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↓
Equity eroded
Book equity 58.7k NOK → 55.7k NOK (equity ratio 8.6% → 6.7%). Calculated
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↓
Cash fell
Bank deposits 27.4k NOK → 12.6k NOK (-54.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 10.0k NOK → 20.0k NOK. Reported fact