FirmaIQ
Org.nr 885 719 392 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET FØYEN AS: årsregnskap 2014 vs 2013

Shrank 16% on revenue, weaker earnings, cash halved-plus

approved 2015-03-25; registry 2015-07-27; journal 2015 650685

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET FØYEN AS. Revenue 85.52m NOK → 71.64m NOK (-16.2%). Net result +294.9k NOK → +196.9k NOK. Equity 20.69m NOK → 7.60m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET FØYEN AS.

At a glance

Scorecard

Revenue
85.52m NOK 71.64m NOK
-16.2%
Net result
+294.9k NOK +196.9k NOK
-33.2%
Equity
20.69m NOK 7.60m NOK
-63.3%
Cash
1.55m NOK 759.6k NOK
-51.0%
Total assets
35.11m NOK 25.58m NOK
-27.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 85.52m NOK to 71.64m NOK (-16.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +294.9k NOK → +196.9k NOK (net margin 0.3% → 0.3%). Calculated

  • ↓

    Equity eroded

    Book equity 20.69m NOK → 7.60m NOK (equity ratio 58.9% → 29.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.55m NOK → 759.6k NOK (-51.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 5.00m NOK → 3.60m NOK — check capital reduction, conversion, or reclassification. Interpretation