Org.nr 993 785 105 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET BRINDEM AS: årsregnskap 2015 vs 2014

Grew 31% on revenue, cash halved-plus

approved 2016-04-27; registry 2016-05-04; journal 2016 403280

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET BRINDEM AS. Revenue 2.34m NOK → 3.06m NOK (+30.5%). Equity 259.4k NOK → 630.5k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRINDEM AS.

At a glance

Revenue

2.34m NOK 3.06m NOK

+30.5%

Equity

259.4k NOK 630.5k NOK

+143.1%

Cash

240.5k NOK 102.7k NOK

-57.3%

Total assets

1.85m NOK 2.37m NOK

+27.5%

↑
Revenue rose

Operating income / revenue moved from 2.34m NOK to 3.06m NOK (+30.5% YoY). Calculated
↑
Equity strengthened

Book equity 259.4k NOK → 630.5k NOK (equity ratio 14.0% → 26.7%). Calculated
↑
Payroll decreased

Salary cost 1.61m NOK → 1.58m NOK (69% → 52% of revenue). Calculated

↓
Cash fell

Bank deposits 240.5k NOK → 102.7k NOK (-57.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.49× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated