ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 2014 vs 2013
Grew 10% on revenue, stronger earnings, cash halved-plus
approved 2015-04-30; registry 2015-08-13; journal 2015 705045
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 8.65m NOK → 9.51m NOK (+10.0%). Net result +317.1k NOK → +541.0k NOK. Equity 1.06m NOK → 1.25m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET PEDERSEN, REIER & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.65m NOK to 9.51m NOK (+10.0% YoY). Calculated
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↑
Net result improved
Net result +317.1k NOK → +541.0k NOK (net margin 3.7% → 5.7%). Calculated
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↑
Equity strengthened
Book equity 1.06m NOK → 1.25m NOK (equity ratio 11.5% → 15.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 701.4k NOK → 1 122 NOK (-99.8% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 300.0k NOK → 400 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 6.29m NOK → 6.53m NOK (73% → 69% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 202.5k NOK → 388.0k NOK. Reported fact