FirmaIQ
Org.nr 884 665 582 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2015 vs 2014

Shrank 21% on revenue, weaker earnings

approved 2016-04-26; registry 2016-05-04; journal 2016 403306

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 15.66m NOK → 12.30m NOK (-21.5%). Net result +4.07m NOK → +3.21m NOK. Equity 1.00m NOK → 1.01m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
15.66m NOK 12.30m NOK
-21.5%
Operating result
+5.46m NOK +4.28m NOK
-21.6%
Net result
+4.07m NOK +3.21m NOK
-21.2%
Equity
1.00m NOK 1.01m NOK
+0.8%
Cash
1.67m NOK 1.54m NOK
-7.6%
Total assets
11.70m NOK 11.15m NOK
-4.7%

What improved

  • ↑

    Equity strengthened

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

  • ↑

    Payroll decreased

    Salary cost 6.87m NOK → 5.73m NOK (44% → 47% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.66m NOK to 12.30m NOK (-21.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.46m NOK → +4.28m NOK (op. margin 34.9% → 34.8%). Calculated

  • ↓

    Net result weakened

    Net result +4.07m NOK → +3.21m NOK (net margin 26.0% → 26.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.67m NOK → 1.54m NOK (-7.6% YoY). Calculated