ADVOKATFIRMAET SKRÅNING AS: årsregnskap 2014 vs 2013
Grew 67% on revenue, slipped into loss, cash halved-plus
approved 2015-04-29; registry 2015-06-17; journal 2015 472096
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET SKRÅNING AS. Revenue 209.8k NOK → 350.7k NOK (+67.1%). Net result +39.4k NOK → -64.6k NOK. Equity 69.4k NOK → 4 837 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET SKRÅNING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 209.8k NOK to 350.7k NOK (+67.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +54.8k NOK → -64.6k NOK (op. margin 26.1% → -18.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 39.4k NOK profit to a loss of 64.6k NOK. Calculated
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↓
Equity eroded
Book equity 69.4k NOK → 4 837 NOK (equity ratio 39.4% → 8.7%). Calculated
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↓
Cash fell
Bank deposits 33.5k NOK → 9 337 NOK (-72.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation