Org.nr 979 805 756 2012 → 2013 Year-over-year analysis

ADVOKAT IMNA HARALD OTTERSTAD AS: årsregnskap 2013 vs 2012

Grew 6% on revenue, stronger earnings

approved 2014-03-24; registry 2014-04-07; journal 2014 344459

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKAT IMNA HARALD OTTERSTAD AS. Revenue 2.61m NOK → 2.76m NOK (+5.9%). Net result +136.2k NOK → +370.2k NOK. Equity 395.4k NOK → 465.6k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
2.61m NOK 2.76m NOK
+5.9%
Operating result
+216.4k NOK +541.7k NOK
+150.3%
Net result
+136.2k NOK +370.2k NOK
+171.8%
Equity
395.4k NOK 465.6k NOK
+17.7%
Cash
551.8k NOK 969.0k NOK
+75.6%
Total assets
1.44m NOK 1.75m NOK
+21.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.61m NOK to 2.76m NOK (+5.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +216.4k NOK → +541.7k NOK (op. margin 8.3% → 19.6%). Calculated

  • ↑

    Net result improved

    Net result +136.2k NOK → +370.2k NOK (net margin 5.2% → 13.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 395.4k NOK → 465.6k NOK (equity ratio 27.5% → 26.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 551.8k NOK → 969.0k NOK (+75.6% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.45× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated