Org.nr 912 121 585 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET LINDSTRØM AS: årsregnskap 2014 vs 2013

Grew 13% on revenue, weaker earnings

approved 2015-04-30; registry 2015-09-24; journal 2015 873044

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET LINDSTRØM AS. Revenue 1.40m NOK → 1.59m NOK (+13.5%). Net result +42.1k NOK → +30.7k NOK. Equity 439.8k NOK → 470.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LINDSTRØM AS.

Scorecard

Revenue
1.40m NOK 1.59m NOK
+13.5%
Operating result
+53.8k NOK +40.0k NOK
-25.6%
Net result
+42.1k NOK +30.7k NOK
-27.1%
Equity
439.8k NOK 470.5k NOK
+7.0%
Cash
205.9k NOK 604.0k NOK
+193.4%
Total assets
695.6k NOK 1 185 NOK
-99.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.40m NOK to 1.59m NOK (+13.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 439.8k NOK → 470.5k NOK (equity ratio 63.2% → 39703.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 205.9k NOK → 604.0k NOK (+193.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +53.8k NOK → +40.0k NOK (op. margin 3.8% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +42.1k NOK → +30.7k NOK (net margin 3.0% → 1.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.66× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 964 NOK → 1.10m NOK (0% → 69% of revenue). Calculated