ADVOKATFIRMAET LIABØ & ØISTENSEN AS: årsregnskap 2014 vs 2013
Shrank 10% on revenue, returned to profit, cash halved-plus
approved 2015-04-30; registry 2015-05-16; journal 2015 396527
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET LIABØ & ØISTENSEN AS. Revenue 2.70m NOK → 2.44m NOK (-9.6%). Net result -179.4k NOK → +131.2k NOK. Equity 348.5k NOK → 479.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -19.4k NOK → +125.3k NOK (op. margin -0.7% → 5.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 179.4k NOK to a profit of 131.2k NOK. Calculated
-
↑
Equity strengthened
Book equity 348.5k NOK → 479.7k NOK (equity ratio 198.8% → 40.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.43× → 1.72×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.70m NOK to 2.44m NOK (-9.6% YoY). Calculated
-
↓
Cash fell
Bank deposits 352.5k NOK → 163.2k NOK (-53.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 4 NOK → 1.35m NOK (0% → 55% of revenue). Calculated