Org.nr 993 496 669 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET HVIDSTEN AS: årsregnskap 2015 vs 2014

Grew 11% on revenue, stronger earnings

approved 2016-03-18; registry 2016-04-20; journal 2016 377905

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET HVIDSTEN AS. Revenue 1.51m NOK → 1.68m NOK (+11.1%). Net result +358.8k NOK → +547.9k NOK. Equity 575.2k NOK → 353.2k NOK.

On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.51m NOK 1.68m NOK
+11.1%
Net result
+358.8k NOK +547.9k NOK
+52.7%
Equity
575.2k NOK 353.2k NOK
-38.6%
Cash
635.6k NOK 540.1k NOK
-15.0%
Total assets
1.12m NOK 967.4k NOK
-13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.51m NOK to 1.68m NOK (+11.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +358.8k NOK → +547.9k NOK (net margin 23.7% → 32.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 1.49×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 575.2k NOK → 353.2k NOK (equity ratio 51.4% → 36.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 635.6k NOK → 540.1k NOK (-15.0% YoY). Calculated