ADVOKATFIRMAET HOLST STIFJELL AS: årsregnskap 2015 vs 2014
Shrank 76% on revenue, weaker earnings
approved 2016-05-27; registry 2016-06-11; journal 2016 492742
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET HOLST STIFJELL AS. Revenue 957.5k NOK → 225.2k NOK (-76.5%). Net result -7 480 NOK → -37.4k NOK. Equity -420.7k NOK → -458.1k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOLST STIFJELL AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 957.5k NOK to 225.2k NOK (-76.5% YoY). Calculated
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↓
Net result weakened
Net result -7 480 NOK → -37.4k NOK (net margin -0.8% → -16.6%). Calculated
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↓
Equity eroded
Book equity -420.7k NOK → -458.1k NOK (equity ratio -188.8% → -340.7%). Calculated
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↓
Cash fell
Bank deposits 75.0k NOK → 40.0k NOK (-46.6% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -340.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation