ADVOKATFIRMAET STEINSVIK AS: årsregnskap 2015 vs 2014
Shrank 23% on revenue, slipped into loss
approved 2016-04-28; registry 2016-05-25; journal 2016 442611
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET STEINSVIK AS. Revenue 4.34m NOK → 3.35m NOK (-22.7%). Net result +385.9k NOK → -184.7k NOK. Equity 1.08m NOK → 6.64m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET STEINSVIK AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.08m NOK → 6.64m NOK (equity ratio 58.8% → 489.6%). Calculated
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↑
Payroll decreased
Salary cost 2.69m NOK → 2.63m NOK (62% → 78% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.34m NOK to 3.35m NOK (-22.7% YoY). Calculated
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↓
Operating result weakened
Operating result +527.7k NOK → -190.9k NOK (op. margin 12.2% → -5.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 385.9k NOK profit to a loss of 184.7k NOK. Calculated
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↓
Cash fell
Bank deposits 1.06m NOK → 894.8k NOK (-15.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 615.9k NOK → 361.9k NOK — check capital reduction, conversion, or reclassification. Interpretation