FirmaIQ
Org.nr 987 941 065 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET ELVENES AS: årsregnskap 2015 vs 2014

Weaker earnings

approved 2016-06-27; registry 2016-07-06; journal 2016 633748

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET ELVENES AS. Revenue 2.58m NOK → 2.46m NOK (-4.8%). Net result +233.6k NOK → +139.7k NOK. Equity 8.15m NOK → 290.1k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.58m NOK 2.46m NOK
-4.8%
Operating result
+231.5k NOK +164.4k NOK
-29.0%
Net result
+233.6k NOK +139.7k NOK
-40.2%
Equity
8.15m NOK 290.1k NOK
-96.4%
Cash
231.8k NOK 194.4k NOK
-16.2%
Total assets
146.8k NOK 1.56m NOK
+960.3%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.88×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.58m NOK to 2.46m NOK (-4.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +231.5k NOK → +164.4k NOK (op. margin 9.0% → 6.7%). Calculated

  • ↓

    Net result weakened

    Net result +233.6k NOK → +139.7k NOK (net margin 9.1% → 5.7%). Calculated

  • ↓

    Equity eroded

    Book equity 8.15m NOK → 290.1k NOK (equity ratio 5552.6% → 18.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 231.8k NOK → 194.4k NOK (-16.2% YoY). Calculated