FirmaIQ
Org.nr 990 835 470 2011 → 2012 Year-over-year analysis

ADVOKAT LEIF DRILLESTAD AS: årsregnskap 2012 vs 2011

Shrank 13% on revenue, cash halved-plus

approved 2013-03-07; registry 2013-03-21; journal 2013 323708

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT LEIF DRILLESTAD AS. Revenue 988.6k NOK → 864.0k NOK (-12.6%). Equity 2.11m NOK → 1.16m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKAT LEIF DRILLESTAD AS.

At a glance

Scorecard

Revenue
988.6k NOK 864.0k NOK
-12.6%
Equity
2.11m NOK 1.16m NOK
-44.8%
Cash
2.71m NOK 196.8k NOK
-92.7%
Total assets
4.71m NOK 3.06m NOK
-35.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 988.6k NOK to 864.0k NOK (-12.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.11m NOK → 1.16m NOK (equity ratio 44.7% → 38.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.71m NOK → 196.8k NOK (-92.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.71m NOK → 196.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.00m NOK → 1.00m NOK. Reported fact