FirmaIQ
Org.nr 812 015 362 2013 → 2014 Year-over-year analysis

ADVOKATFIRMAET STEINSVIK AS: årsregnskap 2014 vs 2013

Grew 94474% on revenue, weaker earnings, fresh owner capital

approved 2015-04-28; registry 2015-05-28; journal 2015 412495

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ADVOKATFIRMAET STEINSVIK AS. Revenue 4 589 NOK → 4.34m NOK (+94474.5%). Net result +683.2k NOK → +385.9k NOK. Equity 1.14m NOK → 1.08m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET STEINSVIK AS.

At a glance

Scorecard

Revenue
4 589 NOK 4.34m NOK
+94474.5%
Operating result
+802.3k NOK +527.7k NOK
-34.2%
Net result
+683.2k NOK +385.9k NOK
-43.5%
Equity
1.14m NOK 1.08m NOK
-5.6%
Cash
1 430 NOK 1.06m NOK
+73737.6%
Total assets
2.47m NOK 1.83m NOK
-26.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 589 NOK to 4.34m NOK (+94474.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1 430 NOK → 1.06m NOK (+73737.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 065 NOK → 615.9k NOK (+614.8k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +802.3k NOK → +527.7k NOK (op. margin 17482.5% → 12.2%). Calculated

  • ↓

    Net result weakened

    Net result +683.2k NOK → +385.9k NOK (net margin 14888.0% → 8.9%). Calculated

  • ↓

    Equity eroded

    Book equity 1.14m NOK → 1.08m NOK (equity ratio 46.1% → 58.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 670 NOK → 2.69m NOK (58% → 62% of revenue). Calculated