FirmaIQ
Org.nr 884 665 582 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2014 vs 2013

Grew 8% on revenue

approved 2015-04-27; registry 2015-08-12; journal 2015 702445

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 14.51m NOK → 15.66m NOK (+7.9%). Net result +3.70m NOK → +4.07m NOK. Equity 1.01m NOK → 1.00m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS.

At a glance

Scorecard

Revenue
14.51m NOK 15.66m NOK
+7.9%
Operating result
+5.09m NOK +5.46m NOK
+7.3%
Net result
+3.70m NOK +4.07m NOK
+10.2%
Equity
1.01m NOK 1.00m NOK
-0.8%
Cash
2.40m NOK 1.67m NOK
-30.4%
Total assets
11.24m NOK 11.70m NOK
+4.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.51m NOK to 15.66m NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.09m NOK → +5.46m NOK (op. margin 35.1% → 34.9%). Calculated

  • ↑

    Net result improved

    Net result +3.70m NOK → +4.07m NOK (net margin 25.5% → 26.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.01m NOK → 1.00m NOK (equity ratio 9.0% → 8.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.40m NOK → 1.67m NOK (-30.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 6.69m NOK → 6.87m NOK (46% → 44% of revenue). Calculated