FirmaIQ
Org.nr 984 677 499 2013 → 2014 Year-over-year analysis

ADVOKATFIRMA TINGMANN AS: årsregnskap 2014 vs 2013

Shrank 10% on revenue, slipped into loss

approved 2015-03-27; registry 2015-04-16; journal 2015 357786

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMA TINGMANN AS. Revenue 10.02m NOK → 8.99m NOK (-10.3%). Net result +122.2k NOK → -9 659 NOK. Equity 1.63m NOK → 1.46m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMA TINGMANN AS.

At a glance

Scorecard

Revenue
10.02m NOK 8.99m NOK
-10.3%
Operating result
+105.2k NOK -71.6k NOK
-168.1%
Net result
+122.2k NOK -9 659 NOK
-107.9%
Equity
1.63m NOK 1.46m NOK
-10.4%
Cash
274.9k NOK 222.5k NOK
-19.1%
Total assets
7.05m NOK 5.07m NOK
-28.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 7.10m NOK → 6.45m NOK (71% → 72% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.02m NOK to 8.99m NOK (-10.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +105.2k NOK → -71.6k NOK (op. margin 1.0% → -0.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 122.2k NOK profit to a loss of 9 659 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.63m NOK → 1.46m NOK (equity ratio 23.2% → 28.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 274.9k NOK → 222.5k NOK (-19.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.22m NOK → 1.06m NOK — check capital reduction, conversion, or reclassification. Interpretation