Org.nr 994 891 626 2011 → 2012 Year-over-year analysis

ADVOKAT CHRISTIAN WEFLING AS: årsregnskap 2012 vs 2011

Grew 61% on revenue

approved 2013-04-25; registry 2013-05-04; journal 2013 369986

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT CHRISTIAN WEFLING AS. Revenue 1.37m NOK → 2.20m NOK (+60.9%). Equity 225.6k NOK → 121.5k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT CHRISTIAN WEFLING AS.

Scorecard

Revenue
1.37m NOK 2.20m NOK
+60.9%
Operating result
+253.1k NOK +397.2k NOK
+56.9%
Net result
n/m +295.9k NOK
—
Equity
225.6k NOK 121.5k NOK
-46.1%
Cash
248.8k NOK 428.1k NOK
+72.1%
Total assets
646.9k NOK 98.1k NOK
-84.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.37m NOK to 2.20m NOK (+60.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +253.1k NOK → +397.2k NOK (op. margin 18.5% → 18.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 248.8k NOK → 428.1k NOK (+72.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 225.6k NOK → 121.5k NOK (equity ratio 34.9% → 123.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.55× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 639.0k NOK → 1.16m NOK (47% → 53% of revenue). Calculated