ADVOKAT 1 AS: årsregnskap 2013 vs 2012
Shrank 12% on revenue, stronger earnings
approved 2014-03-18; registry 2014-03-20; journal 2014 324414
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKAT 1 AS. Revenue 349.2k NOK → 306.7k NOK (-12.2%). Net result +296 NOK → +59.3k NOK. Equity 42.3k NOK → 101.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +338 NOK → +81.7k NOK (op. margin 0.1% → 26.6%). Calculated
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↑
Net result improved
Net result +296 NOK → +59.3k NOK (net margin 0.1% → 19.3%). Calculated
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↑
Equity strengthened
Book equity 42.3k NOK → 101.6k NOK (equity ratio 22.0% → 26.8%). Calculated
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↑
Cash rose
Bank deposits 127.0k NOK → 366.6k NOK (+188.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 349.2k NOK to 306.7k NOK (-12.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 132 NOK → 525.2k NOK (0% → 171% of revenue). Calculated