Org.nr 989 523 716 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET MIDTHJELL AS: årsregnskap 2014 vs 2013

Shrank 6% on revenue

approved 2015-04-17; registry 2015-04-25; journal 2015 368761

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET MIDTHJELL AS. Revenue 10.22m NOK → 9.60m NOK (-6.1%). Equity 16.26m NOK → 21.18m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
10.22m NOK 9.60m NOK
-6.1%
Operating result
+7.00m NOK +6.55m NOK
-6.4%
Equity
16.26m NOK 21.18m NOK
+30.2%
Cash
15.53m NOK 21.42m NOK
+37.9%
Total assets
18.92m NOK 23.58m NOK
+24.6%

What improved

  • ↑

    Equity strengthened

    Book equity 16.26m NOK → 21.18m NOK (equity ratio 85.9% → 89.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 15.53m NOK → 21.42m NOK (+37.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.42m NOK → 1.35m NOK (14% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.22m NOK to 9.60m NOK (-6.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.00m NOK → +6.55m NOK (op. margin 68.5% → 68.2%). Calculated