ADVOKATHUSET BREIVIK AS: årsregnskap 2015 vs 2014
Grew 22% on revenue, slipped into loss
approved 2016-04-26; registry 2016-05-04; journal 2016 402282
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATHUSET BREIVIK AS. Revenue 2.56m NOK → 3.13m NOK (+22.2%). Net result +48.2k NOK → -1 955 NOK. Equity 48.5k NOK → 46.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; 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 2.56m NOK to 3.13m NOK (+22.2% YoY). Calculated
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↑
Cash rose
Bank deposits 164.8k NOK → 820.9k NOK (+398.2% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 48.2k NOK profit to a loss of 1 955 NOK. Calculated
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↓
Equity eroded
Book equity 48.5k NOK → 46.5k NOK (equity ratio 10.3% → 5.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.69m NOK → 2.36m NOK (66% → 75% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 94.9k NOK → 26.7k NOK (-71.9% YoY). Calculated