ADVOKATFIRMAET HOEL WOLLBRÅTEN AS: årsregnskap 2014 vs 2013
Grew 131214% on revenue, cash halved-plus
approved 2015-04-30; registry 2015-06-04; journal 2015 425205
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET HOEL WOLLBRÅTEN AS. Revenue 1 528 NOK → 2.01m NOK (+131213.9%). Equity 100.0k NOK → 6.10m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOEL WOLLBRÅTEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 528 NOK to 2.01m NOK (+131213.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 100.0k NOK → 6.10m NOK (equity ratio 17.3% → 1165.1%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 288.5k NOK → 131.9k NOK (-54.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1210.11× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 4 554 NOK → 777.7k NOK (298% → 39% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 66.0k NOK → 43.7k NOK (-33.8% YoY). Calculated