ADVOKATFIRMA WANG & HOLM-OLSEN AS: årsregnskap 2015 vs 2014
Grew 100360400% on revenue, stronger earnings
approved 2016-03-02; registry 2016-03-07; journal 2016 320045
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMA WANG & HOLM-OLSEN AS. Revenue 5 NOK → 5.02m NOK (+100360400.0%). Net result +222.9k NOK → +726.4k NOK. Equity 5.28m NOK → 105.2k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA WANG & HOLM-OLSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5 NOK to 5.02m NOK (+100360400.0% YoY). Calculated
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↑
Net result improved
Net result +222.9k NOK → +726.4k NOK (net margin 4457280.0% → 14.5%). Calculated
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↑
Cash rose
Bank deposits 483.8k NOK → 650.7k NOK (+34.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.28m NOK → 105.2k NOK (equity ratio 369.6% → 4.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 915 NOK → 2.31m NOK (58300% → 46% of revenue). Calculated
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COGS fell
COGS / varekostnad 611.0k NOK → 410.0k NOK (-32.9% YoY). Calculated