Org.nr 996 400 832 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET LIPPESTAD AS: årsregnskap 2015 vs 2014

Grew 34% on revenue, slipped into loss

approved 2016-06-29; registry 2016-08-29; journal 2016 873027

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET LIPPESTAD AS. Revenue 10.09m NOK → 13.53m NOK (+34.2%). Net result +393.7k NOK → -1.04m NOK. Equity 2.97m NOK → 1.93m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
10.09m NOK 13.53m NOK
+34.2%
Operating result
+587.8k NOK -1.27m NOK
-315.7%
Net result
+393.7k NOK -1.04m NOK
-363.9%
Equity
2.97m NOK 1.93m NOK
-34.9%
Cash
592.7k NOK 641.8k NOK
+8.3%
Total assets
5.73m NOK 4.54m NOK
-20.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.09m NOK to 13.53m NOK (+34.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 592.7k NOK → 641.8k NOK (+8.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +587.8k NOK → -1.27m NOK (op. margin 5.8% → -9.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 393.7k NOK profit to a loss of 1.04m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.97m NOK → 1.93m NOK (equity ratio 51.9% → 42.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.87m NOK → 7.20m NOK (58% → 53% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 62.5k NOK → 54.2k NOK. Reported fact