ADVOKATFIRMA STACOM AS: årsregnskap 2015 vs 2014
Shrank 30% on revenue, returned to profit
approved 2016-11-30; registry 2016-12-13; journal 2016 973654
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA STACOM AS. Revenue 744.8k NOK → 523.5k NOK (-29.7%). Net result -480.5k NOK → +201.2k NOK. Equity -382.7k NOK → -481.5k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.
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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↑
Operating result improved
Operating result -137.4k NOK → +224.2k NOK (op. margin -18.5% → 42.8%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 480.5k NOK to a profit of 201.2k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 744.8k NOK to 523.5k NOK (-29.7% YoY). Calculated
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↓
Equity eroded
Book equity -382.7k NOK → -481.5k NOK (equity ratio -132.6% → -577.1%). Calculated
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↓
Cash fell
Bank deposits 67.5k NOK → 57.0k NOK (-15.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -577.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 599.4k NOK → 235.4k NOK (-60.7% YoY). Calculated