ADVOKATFIRMAET MELAND AS: årsregnskap 2015 vs 2014
Slipped into loss
approved 2016-04-18; registry 2016-05-11; journal 2016 418535
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET MELAND AS. Revenue 4.52m NOK → 4.32m NOK (-4.6%). Net result +272.5k NOK → -176.2k NOK. Equity 555.8k NOK → 379.6k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET MELAND AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 300.9k NOK → 712.2k NOK (+136.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.61m NOK → 2.59m NOK (58% → 60% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.52m NOK to 4.32m NOK (-4.6% YoY). Calculated
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↓
Operating result weakened
Operating result +446.1k NOK → -175.6k NOK (op. margin 9.9% → -4.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 272.5k NOK profit to a loss of 176.2k NOK. Calculated
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↓
Equity eroded
Book equity 555.8k NOK → 379.6k NOK (equity ratio 25.6% → 11.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 140.7k NOK → 119.2k NOK (-15.3% YoY). Calculated