Org.nr 993 533 521 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS: årsregnskap 2014 vs 2013

Shrank 11% on revenue, weaker earnings

approved 2015-04-20; registry 2015-05-23; journal 2015 406929

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET BRÆKHUS, RØDVIK & CO AS. Revenue 4.61m NOK → 4.10m NOK (-11.2%). Net result +347.7k NOK → +78.1k NOK. Equity 58.1k NOK → 1.14m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
4.61m NOK 4.10m NOK
-11.2%
Operating result
+495.6k NOK +141.1k NOK
-71.5%
Net result
+347.7k NOK +78.1k NOK
-77.5%
Equity
58.1k NOK 1.14m NOK
+1856.0%
Cash
487.9k NOK 534.6k NOK
+9.6%
Total assets
2.09m NOK 2.47m NOK
+18.5%

What improved

  • ↑

    Equity strengthened

    Book equity 58.1k NOK → 1.14m NOK (equity ratio 2.8% → 46.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 487.9k NOK → 534.6k NOK (+9.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.23m NOK → 2.15m NOK (48% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.61m NOK to 4.10m NOK (-11.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +495.6k NOK → +141.1k NOK (op. margin 10.7% → 3.4%). Calculated

  • ↓

    Net result weakened

    Net result +347.7k NOK → +78.1k NOK (net margin 7.5% → 1.9%). Calculated