Org.nr 991 237 003 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET SLOTTERØY AS: årsregnskap 2014 vs 2013

Grew 42% on revenue, cash halved-plus

approved 2015-03-02; registry 2015-05-28; journal 2015 410987

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET SLOTTERØY AS. Revenue 1.24m NOK → 1.76m NOK (+41.7%). Equity 548.7k NOK → 25.0k NOK.

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

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

At a glance

Revenue

1.24m NOK 1.76m NOK

+41.7%

Operating result

+281.4k NOK n/m

—

Net result

+211.2k NOK n/m

—

Equity

548.7k NOK 25.0k NOK

-95.5%

Cash

713.8k NOK 49.2k NOK

-93.1%

Total assets

888.4k NOK 391.9k NOK

-55.9%

↑
Revenue rose

Operating income / revenue moved from 1.24m NOK to 1.76m NOK (+41.7% YoY). Calculated

↓
Equity eroded

Book equity 548.7k NOK → 25.0k NOK (equity ratio 61.8% → 6.4%). Calculated
↓
Cash fell

Bank deposits 713.8k NOK → 49.2k NOK (-93.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation