Org.nr 994 359 010 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET EIDE & CO AS: årsregnskap 2014 vs 2013

Another loss-making year

approved 2015-05-26; registry 2015-06-16; journal 2015 466900

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET EIDE & CO AS. Revenue 1.86m NOK → 1.90m NOK (+1.9%). Equity 82.5k NOK → 39.2k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET EIDE & CO AS.

At a glance

Revenue

1.86m NOK 1.90m NOK

+1.9%

Operating result

+2 013 NOK -27.3k NOK

-1455.5%

Net result

n/m -43.3k NOK

—

Equity

82.5k NOK 39.2k NOK

-52.5%

Cash

292.9k NOK 275.9k NOK

-5.8%

Total assets

1.33m NOK 1.20m NOK

-9.8%

↑
Revenue rose

Operating income / revenue moved from 1.86m NOK to 1.90m NOK (+1.9% YoY). Calculated

↓
Operating result weakened

Operating result +2 013 NOK → -27.3k NOK (op. margin 0.1% → -1.4%). Calculated
↓
Equity eroded

Book equity 82.5k NOK → 39.2k NOK (equity ratio 6.2% → 3.3%). Calculated
↓
Cash fell

Bank deposits 292.9k NOK → 275.9k NOK (-5.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation