Org.nr 998 547 210 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET HORNELAND AS: årsregnskap 2015 vs 2014

Grew 20% on revenue

approved 2016-04-28; registry 2016-05-18; journal 2016 428949

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET HORNELAND AS. Revenue 1.67m NOK → 2.00m NOK (+19.8%). Equity 48.3k NOK → 123.2k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HORNELAND AS.

At a glance

Revenue

1.67m NOK 2.00m NOK

+19.8%

Operating result

+294.5k NOK +225.3k NOK

-23.5%

Equity

48.3k NOK 123.2k NOK

+154.8%

Cash

408.7k NOK 390.8k NOK

-4.4%

Total assets

666.7k NOK 769.0k NOK

+15.3%

↑
Revenue rose

Operating income / revenue moved from 1.67m NOK to 2.00m NOK (+19.8% YoY). Calculated
↑
Equity strengthened

Book equity 48.3k NOK → 123.2k NOK (equity ratio 7.3% → 16.0%). Calculated

↓
Operating result weakened

Operating result +294.5k NOK → +225.3k NOK (op. margin 17.6% → 11.3%). Calculated
↓
Cash fell

Bank deposits 408.7k NOK → 390.8k NOK (-4.4% YoY). Calculated

·
Payroll increased

Salary cost 1.06m NOK → 1.20m NOK (63% → 60% of revenue). Calculated
·
COGS moved

COGS / varekostnad 57.9k NOK → 162.1k NOK (+179.8% YoY). Calculated