ADVOKATKOLLEGIUM AS: årsregnskap 2015 vs 2014
Grew 208% on revenue, cash halved-plus
approved 2016-06-16; registry 2016-06-28; journal 2016 586500
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVOKATKOLLEGIUM AS. Revenue 768.3k NOK → 2.37m NOK (+208.4%). Net result -31.8k NOK → -39.3k NOK. Equity 26.1k NOK → -13.2k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATKOLLEGIUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 768.3k NOK to 2.37m NOK (+208.4% YoY). Calculated
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↑
Operating result improved
Operating result -29.5k NOK → +38.3k NOK (op. margin -3.8% → 1.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result -31.8k NOK → -39.3k NOK (net margin -4.1% → -1.7%). Calculated
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↓
Equity eroded
Book equity 26.1k NOK → -13.2k NOK (equity ratio 6.3% → -6.6%). Calculated
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↓
Cash fell
Bank deposits 109.5k NOK → 50.6k NOK (-53.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 125.0k NOK → 1.05m NOK (16% → 44% of revenue). Calculated