ADVOKATFIRMAET ELVENES AS: årsregnskap 2014 vs 2013
Grew 18% on revenue, returned to profit
approved 2015-06-16; registry 2015-06-30; journal 2015 535101
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET ELVENES AS. Revenue 2.20m NOK → 2.58m NOK (+17.5%). Net result -210.4k NOK → +233.6k NOK. Equity -83.2k NOK → 8.15m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.20m NOK to 2.58m NOK (+17.5% YoY). Calculated
-
↑
Operating result improved
Operating result -212.1k NOK → +231.5k NOK (op. margin -9.7% → 9.0%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 210.4k NOK to a profit of 233.6k NOK. Calculated
-
↑
Equity strengthened
Book equity -83.2k NOK → 8.15m NOK (equity ratio -8.6% → 5552.6%). Calculated
-
↑
Cash rose
Bank deposits 215.7k NOK → 231.8k NOK (+7.5% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.72× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated