FirmaIQ
Org.nr 997 318 013 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET KVASSTIND AS: årsregnskap 2014 vs 2013

Grew 70% on revenue

approved 2015-03-13; registry 2015-03-17; journal 2015 327626

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET KVASSTIND AS. Revenue 3.42m NOK → 5.82m NOK (+70.1%). Equity 224.3k NOK → 1 113 NOK.

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

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KVASSTIND AS.

At a glance

Scorecard

Revenue
3.42m NOK 5.82m NOK
+70.1%
Net result
+307.3k NOK n/m
—
Equity
224.3k NOK 1 113 NOK
-99.5%
Cash
488.7k NOK 385.9k NOK
-21.0%
Total assets
1.43m NOK 3.84m NOK
+169.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.42m NOK to 5.82m NOK (+70.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 224.3k NOK → 1 113 NOK (equity ratio 15.7% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 488.7k NOK → 385.9k NOK (-21.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2.02m NOK → 2.19m NOK (59% → 38% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 140.4k NOK → 90.4k NOK. Reported fact