ADVOKAT AS: årsregnskap 2012 vs 2011
Shrank 17% on revenue
approved 2013-04-13; registry 2013-04-23; journal 2013 352426
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKAT AS. Revenue 1.53m NOK → 1.27m NOK (-17.2%). Equity 957.5k NOK → 679.1k NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.53m NOK
1.27m NOK
-17.2%
Operating result
n/m
+964.9k NOK
—
Net result
n/m
+606.47m NOK
—
Equity
957.5k NOK
679.1k NOK
-29.1%
Cash
89.7k NOK
1.66m NOK
+1746.0%
Total assets
442.2k NOK
2.09m NOK
+373.4%
What improved
-
↑
Cash rose
Bank deposits 89.7k NOK → 1.66m NOK (+1746.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.19× → 5.06×. Calculated
-
↑
Payroll decreased
Salary cost 1 NOK → -13.5k NOK (0% → -1% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.53m NOK to 1.27m NOK (-17.2% YoY). Calculated
-
↓
Equity eroded
Book equity 957.5k NOK → 679.1k NOK (equity ratio 216.5% → 32.4%). Calculated