Org.nr 977 084 814 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET ØSTBERG AS: årsregnskap 2014 vs 2013

Shrank 33% on revenue

approved 2015-04-29; registry 2015-05-13; journal 2015 393373

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET ØSTBERG AS. Revenue 1.64m NOK → 1.09m NOK (-33.2%). Equity -69.9k NOK → -231.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØSTBERG AS.

At a glance

Revenue

1.64m NOK 1.09m NOK

-33.2%

Operating result

+142.2k NOK n/m

—

Equity

-69.9k NOK -231.0k NOK

-230.4%

Cash

214.2k NOK 200.1k NOK

-6.6%

Total assets

728.9k NOK 674.2k NOK

-7.5%

↑
Payroll decreased

Salary cost 2.60m NOK → 2 NOK (159% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.64m NOK to 1.09m NOK (-33.2% YoY). Calculated
↓
Equity eroded

Book equity -69.9k NOK → -231.0k NOK (equity ratio -9.6% → -34.3%). Calculated
↓
Cash fell

Bank deposits 214.2k NOK → 200.1k NOK (-6.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is -34.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation