Org.nr 957 785 409 2011 → 2012 Year-over-year analysis

ADVOKAT NADHEIM AS: årsregnskap 2012 vs 2011

Shrank 23% on revenue, slipped into loss

approved 2013-04-15; registry 2013-11-04; journal 2013 846962

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT NADHEIM AS. Revenue 951.5k NOK → 731.6k NOK (-23.1%). Net result +348.9k NOK → -73.2k NOK. Equity 513.9k NOK → 440.7k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
951.5k NOK 731.6k NOK
-23.1%
Operating result
+496.6k NOK -93.8k NOK
-118.9%
Net result
+348.9k NOK -73.2k NOK
-121.0%
Equity
513.9k NOK 440.7k NOK
-14.2%
Cash
204.3k NOK 834.6k NOK
+308.6%
Total assets
34.0k NOK 427.4k NOK
+1156.7%

What improved

  • ↑

    Cash rose

    Bank deposits 204.3k NOK → 834.6k NOK (+308.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.87m NOK → 1 119 NOK (301% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 951.5k NOK to 731.6k NOK (-23.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +496.6k NOK → -93.8k NOK (op. margin 52.2% → -12.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 348.9k NOK profit to a loss of 73.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 513.9k NOK → 440.7k NOK (equity ratio 1510.8% → 103.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.30× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated