ADVOKAT FINN OVE SMITH AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-04-30; registry 2013-05-14; journal 2013 387394
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKAT FINN OVE SMITH AS. Revenue 5.21m NOK → 5.07m NOK (-2.8%). Equity 1.58m NOK → 8.82m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
5.21m NOK
5.07m NOK
-2.8%
Operating result
n/m
+1.87m NOK
—
Equity
1.58m NOK
8.82m NOK
+458.4%
Cash
2.67m NOK
1.87m NOK
-30.0%
Total assets
3.99m NOK
4.32m NOK
+8.2%
What improved
-
↑
Equity strengthened
Book equity 1.58m NOK → 8.82m NOK (equity ratio 39.5% → 204.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.21m NOK to 5.07m NOK (-2.8% YoY). Calculated
-
↓
Cash fell
Bank deposits 2.67m NOK → 1.87m NOK (-30.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.90m NOK → 2.07m NOK (37% → 41% of revenue). Calculated