Org.nr 990 026 254 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET JARELD AS: årsregnskap 2014 vs 2013

Grew 213% on revenue, cash halved-plus

approved 2015-04-29; registry 2015-05-16; journal 2015 395435

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET JARELD AS. Revenue 937.7k NOK → 2.94m NOK (+213.1%). Equity -1.22m NOK → -1.78m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

937.7k NOK 2.94m NOK

+213.1%

Operating result

+875.9k NOK n/m

—

Net result

+781.9k NOK n/m

—

Equity

-1.22m NOK -1.78m NOK

-46.5%

Cash

782.5k NOK 100.3k NOK

-87.2%

Total assets

2.61m NOK 1.66m NOK

-36.4%

↑
Revenue rose

Operating income / revenue moved from 937.7k NOK to 2.94m NOK (+213.1% YoY). Calculated
↑
Payroll decreased

Salary cost 3.65m NOK → 2.24m NOK (389% → 76% of revenue). Calculated

↓
Equity eroded

Book equity -1.22m NOK → -1.78m NOK (equity ratio -46.7% → -107.5%). Calculated
↓
Cash fell

Bank deposits 782.5k NOK → 100.3k NOK (-87.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is -107.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation