ADVOKATFIRMAET RAFTEVOLL AS: årsregnskap 2014 vs 2013
Grew 42% on revenue, returned to profit, cash halved-plus
approved 2015-04-24; registry 2015-06-24; journal 2015 509177
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET RAFTEVOLL AS. Revenue 2.09m NOK → 2.97m NOK (+41.9%). Net result -465.3k NOK → +67.1k NOK. Equity -455.2k NOK → -388.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET RAFTEVOLL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.09m NOK to 2.97m NOK (+41.9% YoY). Calculated
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↑
Operating result improved
Operating result -452.0k NOK → +89.9k NOK (op. margin -21.6% → 3.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 465.3k NOK to a profit of 67.1k NOK. Calculated
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↑
Equity strengthened
Book equity -455.2k NOK → -388.1k NOK (equity ratio -113.2% → -88.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 68.1k NOK → 1 991 NOK (-97.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.86m NOK → 2.10m NOK (89% → 71% of revenue). Calculated