Org.nr 988 416 126 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA RUNE H ERIKSEN AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-02-15; registry 2015-08-18; journal 2015 720703

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA RUNE H ERIKSEN AS. Revenue 2.56m NOK → 2.68m NOK (+4.8%). Equity 334.5k NOK → 349.9k NOK.

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

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

Scorecard

Revenue
2.56m NOK 2.68m NOK
+4.8%
Operating result
+1.38m NOK +1.41m NOK
+1.9%
Net result
+992.1k NOK n/m
—
Equity
334.5k NOK 349.9k NOK
+4.6%
Cash
1.57m NOK 1.19m NOK
-24.2%
Total assets
2.23m NOK 2.13m NOK
-4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.56m NOK to 2.68m NOK (+4.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.38m NOK → +1.41m NOK (op. margin 54.1% → 52.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 334.5k NOK → 349.9k NOK (equity ratio 15.0% → 16.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.57m NOK → 1.19m NOK (-24.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 774.8k NOK → 804.7k NOK (30% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 52.4k NOK → 77.3k NOK (+47.6% YoY). Calculated