Org.nr 991 593 322 2014 → 2015 Year-over-year analysis

ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2015 vs 2014

Shrank 25% on revenue, returned to profit

approved 2016-04-22; registry 2016-04-26; journal 2016 391678

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 1.37m NOK → 1.02m NOK (-25.1%). Net result -5 351 NOK → +350501.39bn NOK. Equity 115.2k NOK → 117.2k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA POLLAN THOWSEN AS.

Scorecard

Revenue
1.37m NOK 1.02m NOK
-25.1%
Operating result
-2 043 NOK +3 713 NOK
+281.7%
Net result
-5 351 NOK +350501.39bn NOK
+6550203498922.1%
Equity
115.2k NOK 117.2k NOK
+1.7%
Cash
132.9k NOK 94.8k NOK
-28.7%
Total assets
400.8k NOK 350.5k NOK
-12.6%

What improved

  • ↑

    Operating result improved

    Operating result -2 043 NOK → +3 713 NOK (op. margin -0.1% → 0.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 351 NOK to a profit of 350501.39bn NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 115.2k NOK → 117.2k NOK (equity ratio 28.7% → 33.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.94m NOK → 566.4k NOK (215% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.37m NOK to 1.02m NOK (-25.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 132.9k NOK → 94.8k NOK (-28.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 120.6k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4 230 NOK → -920 NOK (-121.7% YoY). Calculated