Org.nr 992 841 958 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET MIDGAARD & CO AS: årsregnskap 2015 vs 2014

Grew 25% on revenue

approved 2016-02-29; registry 2016-03-08; journal 2016 323213

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET MIDGAARD & CO AS. Revenue 6.43m NOK → 8.07m NOK (+25.4%). Equity 672.9k NOK → 986.0k NOK.

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

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

Scorecard

Revenue
6.43m NOK 8.07m NOK
+25.4%
Equity
672.9k NOK 986.0k NOK
+46.5%
Cash
762.1k NOK 410.4k NOK
-46.1%
Total assets
11.3k NOK 3.49m NOK
+30696.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.43m NOK to 8.07m NOK (+25.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 672.9k NOK → 986.0k NOK (equity ratio 5938.9% → 28.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 762.1k NOK → 410.4k NOK (-46.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.19m NOK → 4.18m NOK (50% → 52% of revenue). Calculated