ADVOKATFIRMA STACOM AS: årsregnskap 2014 vs 2013
Shrank 59% on revenue, slipped into loss
approved 2016-06-16; registry 2016-06-20; journal 2016 577987
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA STACOM AS. Revenue 1.82m NOK → 744.8k NOK (-59.1%). Net result +131.2k NOK → -480.5k NOK. Equity 97.8k NOK → -382.7k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA STACOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 61.0k NOK → 67.5k NOK (+10.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 222.2k NOK → 51.3k NOK (12% → 7% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.82m NOK to 744.8k NOK (-59.1% YoY). Calculated
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↓
Operating result weakened
Operating result -113.4k NOK → -137.4k NOK (op. margin -6.2% → -18.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 131.2k NOK profit to a loss of 480.5k NOK. Calculated
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↓
Equity eroded
Book equity 97.8k NOK → -382.7k NOK (equity ratio 10.5% → -132.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -132.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 1.32m NOK → 599.4k NOK (-54.6% YoY). Calculated