ADVOKATFIRMAET WOLD AS: årsregnskap 2015 vs 2014
Grew 16% on revenue, cash halved-plus
approved 2016-04-15; registry 2016-04-19; journal 2016 375403
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET WOLD AS. Revenue 5.41m NOK → 6.27m NOK (+15.8%). Equity 864.2k NOK → 1 148 NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET WOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.41m NOK to 6.27m NOK (+15.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 864.2k NOK → 1 148 NOK (equity ratio 27.0% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 665.7k NOK → 11.5k NOK (-98.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.81m NOK → 3.30m NOK (52% → 53% of revenue). Calculated