Org.nr 984 677 499 2014 → 2015 Year-over-year analysis

ADVOKATFIRMA TINGMANN AS: årsregnskap 2015 vs 2014

Shrank 6% on revenue, returned to profit

approved 2016-03-30; registry 2016-04-06; journal 2016 351390

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA TINGMANN AS. Revenue 8.99m NOK → 8.41m NOK (-6.5%). Net result -9 659 NOK → +206.9k NOK. Equity 1.46m NOK → 1.67m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA TINGMANN AS.

Scorecard

Revenue
8.99m NOK 8.41m NOK
-6.5%
Operating result
-71.6k NOK +423.6k NOK
+691.3%
Net result
-9 659 NOK +206.9k NOK
+2242.0%
Equity
1.46m NOK 1.67m NOK
+14.1%
Cash
222.5k NOK 186.7k NOK
-16.1%
Total assets
5.07m NOK 5.29m NOK
+4.4%

What improved

  • ↑

    Operating result improved

    Operating result -71.6k NOK → +423.6k NOK (op. margin -0.8% → 5.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 9 659 NOK to a profit of 206.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.46m NOK → 1.67m NOK (equity ratio 28.9% → 31.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.45m NOK → 5.63m NOK (72% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.99m NOK to 8.41m NOK (-6.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 222.5k NOK → 186.7k NOK (-16.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 140 NOK → 1 340 NOK. Reported fact