FirmaIQ
Org.nr 979 693 877 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-01-14; registry 2015-02-16; journal 2015 306491

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS. Revenue 6.14m NOK → 6.21m NOK (+1.2%). Equity 904.5k NOK → 31.1k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS.

At a glance

Scorecard

Revenue
6.14m NOK 6.21m NOK
+1.2%
Equity
904.5k NOK 31.1k NOK
-96.6%
Cash
3.23m NOK 3.03m NOK
-6.3%
Total assets
5.03m NOK 5.13m NOK
+1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.14m NOK to 6.21m NOK (+1.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.31m NOK → 2.23m NOK (38% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 904.5k NOK → 31.1k NOK (equity ratio 18.0% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.23m NOK → 3.03m NOK (-6.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation