Org.nr 997 656 091 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA RISNES AS: årsregnskap 2014 vs 2013

Grew 58% on revenue, cash halved-plus

approved 2015-04-29; registry 2015-05-13; journal 2015 392307

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA RISNES AS. Revenue 3.71m NOK → 5.87m NOK (+58.3%). Equity 696.1k NOK → 1.59m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA RISNES AS.

Scorecard

Revenue
3.71m NOK 5.87m NOK
+58.3%
Net result
+459.6k NOK n/m
—
Equity
696.1k NOK 1.59m NOK
+128.5%
Cash
284.0k NOK 1 188 NOK
-99.6%
Total assets
1.47m NOK 2.98m NOK
+103.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.71m NOK to 5.87m NOK (+58.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 696.1k NOK → 1.59m NOK (equity ratio 47.4% → 53.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.37× → 7.17×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 284.0k NOK → 1 188 NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.82m NOK → 2.31m NOK (49% → 39% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 21.5k NOK → 34.8k NOK (+61.7% YoY). Calculated