ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2014 vs 2013
Grew 7% on revenue, weaker earnings
approved 2015-03-18; registry 2015-06-09; journal 2015 443141
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET ARNTZEN AS. Revenue 306.6k NOK → 327.1k NOK (+6.7%). Net result +958.1k NOK → +1 094 NOK. Equity 151.0k NOK → 164 NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ARNTZEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 306.6k NOK to 327.1k NOK (+6.7% YoY). Calculated
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↑
Cash rose
Bank deposits 40.10m NOK → 54.40m NOK (+35.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.29×. Calculated
What deteriorated
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↓
Net result weakened
Net result +958.1k NOK → +1 094 NOK (net margin 312.5% → 0.3%). Calculated
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↓
Equity eroded
Book equity 151.0k NOK → 164 NOK (equity ratio 92.6% → 0.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 151.0k NOK → 164 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 96.44m NOK → 97.28m NOK (31453% → 29738% of revenue). Calculated
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Book investments changed
Investment / intangible book value 1.06m NOK → 705.0k NOK. Reported fact