ADVOKATFIRMA SULEIMAN & CO AS: årsregnskap 2015 vs 2014
Shrank 31% on revenue
approved 2016-08-23; registry 2016-09-13; journal 2016 939437
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA SULEIMAN & CO AS. Revenue 11.07m NOK → 7.62m NOK (-31.1%). Equity 624.3k NOK → -795.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA SULEIMAN & CO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 216.7k NOK → 676.4k NOK (+212.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.07m NOK to 7.62m NOK (-31.1% YoY). Calculated
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↓
Equity eroded
Book equity 624.3k NOK → -795.4k NOK (equity ratio 27.2% → -39.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.33× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 5.21m NOK → 6.74m NOK (47% → 88% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -39.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 109.0k NOK → 2 975 NOK (-97.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 78.2k NOK → 51.2k NOK. Reported fact