ADVOKATKOLLEGIUM AS: årsregnskap 2014 vs 2013
Slipped into loss
approved 2015-05-26; registry 2015-09-08; journal 2015 805538
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVOKATKOLLEGIUM AS. Revenue 785.1k NOK → 768.3k NOK (-2.1%). Net result +27.9k NOK → -31.8k NOK. Equity 57.9k NOK → 26.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATKOLLEGIUM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 13.0k NOK → 109.5k NOK (+745.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 785.1k NOK to 768.3k NOK (-2.1% YoY). Calculated
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↓
Operating result weakened
Operating result +40.7k NOK → -29.5k NOK (op. margin 5.2% → -3.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 27.9k NOK profit to a loss of 31.8k NOK. Calculated
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↓
Equity eroded
Book equity 57.9k NOK → 26.1k NOK (equity ratio 33.8% → 6.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 121 NOK → 125.0k NOK (0% → 16% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation