FirmaIQ
Org.nr 986 366 709 2012 → 2013 Year-over-year analysis

ADVOKAT LEIF STRØM AS: årsregnskap 2013 vs 2012

Shrank 17% on revenue, stronger earnings

approved 2014-02-06; registry 2014-04-30; journal 2014 373871

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKAT LEIF STRØM AS. Revenue 2.77m NOK → 2.29m NOK (-17.5%). Net result +58.4k NOK → +144.2k NOK. Equity 516.7k NOK → 460.9k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.77m NOK 2.29m NOK
-17.5%
Net result
+58.4k NOK +144.2k NOK
+147.1%
Equity
516.7k NOK 460.9k NOK
-10.8%
Cash
967.9k NOK 578.1k NOK
-40.3%
Total assets
1.69m NOK 1.47m NOK
-13.0%

What improved

  • ↑

    Net result improved

    Net result +58.4k NOK → +144.2k NOK (net margin 2.1% → 6.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.71m NOK → 1.20m NOK (62% → 52% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.77m NOK to 2.29m NOK (-17.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 516.7k NOK → 460.9k NOK (equity ratio 30.5% → 31.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 967.9k NOK → 578.1k NOK (-40.3% YoY). Calculated