ADVOKATHUSET BREIVIK AS: årsregnskap 2014 vs 2013
Grew 23% on revenue, returned to profit, cash halved-plus
approved 2015-04-30; registry 2015-05-27; journal 2015 410259
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATHUSET BREIVIK AS. Revenue 2.09m NOK → 2.56m NOK (+22.7%). Net result -132.35bn NOK → +48.2k NOK. Equity 262 NOK → 48.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATHUSET BREIVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.09m NOK to 2.56m NOK (+22.7% YoY). Calculated
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↑
Operating result improved
Operating result -178.5k NOK → +77.2k NOK (op. margin -8.5% → 3.0%). Calculated
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Turned profitable
Net result flipped from a loss of 132.35bn NOK to a profit of 48.2k NOK. Calculated
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Equity strengthened
Book equity 262 NOK → 48.5k NOK (equity ratio 0.0% → 10.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.94× → 1.05×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 369.5k NOK → 164.8k NOK (-55.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.48m NOK → 1.69m NOK (71% → 66% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 109.1k NOK → 94.9k NOK (-13.1% YoY). Calculated