Org.nr 889 169 222 2011 → 2012 Year-over-year analysis

ADVOKAT METTE SKOKLEFALD AS: årsregnskap 2012 vs 2011

Grew 23% on revenue, cash halved-plus

approved 2013-03-01; registry 2013-04-09; journal 2013 335776

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT METTE SKOKLEFALD AS. Revenue 2.59m NOK → 3.19m NOK (+23.0%). Equity 533.2k NOK → 1 185 NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKAT METTE SKOKLEFALD AS.

Scorecard

Revenue
2.59m NOK 3.19m NOK
+23.0%
Equity
533.2k NOK 1 185 NOK
-99.8%
Cash
547.6k NOK 207.2k NOK
-62.2%
Total assets
223.4k NOK 1.80m NOK
+705.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.59m NOK to 3.19m NOK (+23.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.26× → 2.89×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.36m NOK → 1.40m NOK (91% → 44% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 533.2k NOK → 1 185 NOK (equity ratio 238.7% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 547.6k NOK → 207.2k NOK (-62.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 2 481 NOK → 84.4k NOK (+3299.9% YoY). Calculated