FirmaIQ
Org.nr 998 582 849 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET HOLTER AS: årsregnskap 2015 vs 2014

Shrank 28% on revenue, slipped into loss, cash halved-plus

approved 2016-04-30; registry 2016-09-03; journal 2016 898527

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET HOLTER AS. Revenue 2.28m NOK → 1.63m NOK (-28.3%). Net result +641.0k NOK → -108.7k NOK. Equity 192.3k NOK → 83.5k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOLTER AS.

At a glance

Scorecard

Revenue
2.28m NOK 1.63m NOK
-28.3%
Operating result
+748.8k NOK n/m
—
Net result
+641.0k NOK -108.7k NOK
-117.0%
Equity
192.3k NOK 83.5k NOK
-56.5%
Cash
491.0k NOK 242.5k NOK
-50.6%
Total assets
915.5k NOK 1.36m NOK
+48.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.28m NOK to 1.63m NOK (-28.3% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 641.0k NOK profit to a loss of 108.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 192.3k NOK → 83.5k NOK (equity ratio 21.0% → 6.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 491.0k NOK → 242.5k NOK (-50.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 128.3k NOK → 158.2k NOK (+23.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation