ADVOKAT JAN KRISTIAN TAKVAM AS: årsregnskap 2013 vs 2012
Grew 338% on revenue, cash halved-plus
approved 2014-02-08; registry 2014-03-06; journal 2014 311939
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKAT JAN KRISTIAN TAKVAM AS. Revenue 494.0k NOK → 2.16m NOK (+338.1%). Equity 558.8k NOK → 1 122 NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT JAN KRISTIAN TAKVAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 494.0k NOK to 2.16m NOK (+338.1% YoY). Calculated
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↑
Operating result improved
Operating result +73.6k NOK → +740.1k NOK (op. margin 14.9% → 34.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 558.8k NOK → 1 122 NOK (equity ratio 72.9% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 564.2k NOK → 214.8k NOK (-61.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 987.9k NOK → 1.01m NOK (200% → 47% of revenue). Calculated