FirmaIQ
Org.nr 889 553 472 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET WANGBERG AS: årsregnskap 2015 vs 2014

Grew 6% on revenue, cash halved-plus

approved 2016-04-25; registry 2016-05-04; journal 2016 405147

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET WANGBERG AS. Revenue 5.92m NOK → 6.26m NOK (+5.8%). Equity 249.1k NOK → 273.0k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
5.92m NOK 6.26m NOK
+5.8%
Operating result
+1.43m NOK +1.55m NOK
+8.7%
Equity
249.1k NOK 273.0k NOK
+9.6%
Cash
845.3k NOK 159.1k NOK
-81.2%
Total assets
2.57m NOK 2.66m NOK
+3.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.92m NOK to 6.26m NOK (+5.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.43m NOK → +1.55m NOK (op. margin 24.1% → 24.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 249.1k NOK → 273.0k NOK (equity ratio 9.7% → 10.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 845.3k NOK → 159.1k NOK (-81.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.03× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.66m NOK → 2.84m NOK (45% → 45% of revenue). Calculated