ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2014 vs 2013
Grew 220% on revenue, weaker earnings, cash halved-plus
approved 2015-04-29; registry 2015-08-08; journal 2015 689564
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Revenue 727.5k NOK → 2.33m NOK (+219.7%). Net result +518.6k NOK → +24.3k NOK. Equity 142.2k NOK → 166.5k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLDEN OG RINGERUD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 727.5k NOK to 2.33m NOK (+219.7% YoY). Calculated
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↑
Equity strengthened
Book equity 142.2k NOK → 166.5k NOK (equity ratio 34.2% → 5.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +563.1k NOK → +133.5k NOK (op. margin 77.4% → 5.7%). Calculated
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↓
Net result weakened
Net result +518.6k NOK → +24.3k NOK (net margin 71.3% → 1.0%). Calculated
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↓
Cash fell
Bank deposits 521.5k NOK → 1 718 NOK (-99.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4 730 NOK → 731.5k NOK (1% → 31% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 144.4k NOK → 39.2k NOK (-72.9% YoY). Calculated