ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2013 vs 2012
Grew 20% on revenue, cash halved-plus
approved 2014-03-26; registry 2014-03-31; journal 2014 334942
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 1.48m NOK → 1.77m NOK (+19.5%). Equity 511.6k NOK → 434.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT BJØRN SOLTVEDT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.48m NOK to 1.77m NOK (+19.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 511.6k NOK → 434.6k NOK (equity ratio 51.7% → 62.3%). Calculated
-
↓
Cash fell
Bank deposits 872.7k NOK → 247.0k NOK (-71.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.02m NOK → 3.10m NOK (69% → 175% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 22.6k NOK → 36.4k NOK (+60.8% YoY). Calculated