FirmaIQ
Org.nr 989 580 477 2011 → 2012 Year-over-year analysis

ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2012 vs 2011

Shrank 19% on revenue, weaker earnings

approved 2013-04-17; registry 2013-06-11; journal 2013 449977

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT KJETIL H. NILSEN AS. Revenue 2.93m NOK → 2.37m NOK (-19.2%). Net result +48.1k NOK → 0 NOK. Equity 10.85m NOK → 10.73m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.93m NOK 2.37m NOK
-19.2%
Net result
+48.1k NOK 0 NOK
-100.0%
Equity
10.85m NOK 10.73m NOK
-1.1%
Cash
913.9k NOK 668.9k NOK
-26.8%
Total assets
1.54m NOK 1.16m NOK
-24.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.25m NOK → 1.72m NOK (77% → 73% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.93m NOK to 2.37m NOK (-19.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +48.1k NOK → 0 NOK (net margin 1.6% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 10.85m NOK → 10.73m NOK (equity ratio 706.0% → 923.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 913.9k NOK → 668.9k NOK (-26.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 14.3k NOK → 103.0k NOK (+620.3% YoY). Calculated