ADVOKAT MADS TORRISSEN AS: årsregnskap 2013 vs 2012
Shrank 12% on revenue, cash halved-plus
approved 2014-04-30; registry 2014-05-06; journal 2014 380607
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKAT MADS TORRISSEN AS. Revenue 705.4k NOK → 623.0k NOK (-11.7%). Equity 316.7k NOK → 319.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
705.4k NOK
623.0k NOK
-11.7%
Equity
316.7k NOK
319.7k NOK
+0.9%
Cash
320.1k NOK
8 248 NOK
-97.4%
Total assets
590.1k NOK
514.3k NOK
-12.8%
What improved
-
↑
Equity strengthened
Book equity 316.7k NOK → 319.7k NOK (equity ratio 53.7% → 62.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 705.4k NOK to 623.0k NOK (-11.7% YoY). Calculated
-
↓
Cash fell
Bank deposits 320.1k NOK → 8 248 NOK (-97.4% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 4 242 NOK → 105.0k NOK (1% → 17% of revenue). Calculated