Org.nr 995 267 705 2011 → 2012 Year-over-year analysis

ADVOKAT LARS HAUGEN AS: årsregnskap 2012 vs 2011

Shrank 73% on revenue

approved 2013-04-22; registry 2013-08-31; journal 2013 716071

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT LARS HAUGEN AS. Revenue 1.38m NOK → 375.2k NOK (-72.8%). Equity 320.6k NOK → 306.4k NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.38m NOK 375.2k NOK
-72.8%
Equity
320.6k NOK 306.4k NOK
-4.4%
Cash
292.0k NOK 312.5k NOK
+7.0%
Total assets
840.9k NOK 705.3k NOK
-16.1%

What improved

  • ↑

    Cash rose

    Bank deposits 292.0k NOK → 312.5k NOK (+7.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.64× → 1.71×. Calculated

  • ↑

    Payroll decreased

    Salary cost 681.8k NOK → 496.6k NOK (49% → 132% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.38m NOK to 375.2k NOK (-72.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 320.6k NOK → 306.4k NOK (equity ratio 38.1% → 43.4%). Calculated