FirmaIQ
Org.nr 987 579 072 2012 → 2013 Year-over-year analysis

ADVOKAT OLAV MARTIN JENTOFT JR AS: årsregnskap 2013 vs 2012

Grew 11% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKAT OLAV MARTIN JENTOFT JR AS. Revenue 2.50m NOK → 2.77m NOK (+10.7%). Net result +796.6k NOK → +792.2k NOK. Equity 145.1k NOK → 100.0k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT OLAV MARTIN JENTOFT JR AS.

At a glance

Scorecard

Revenue
2.50m NOK 2.77m NOK
+10.7%
Operating result
+1.07m NOK +1.09m NOK
+1.9%
Net result
+796.6k NOK +792.2k NOK
-0.6%
Equity
145.1k NOK 100.0k NOK
-31.1%
Cash
230.9k NOK 564.7k NOK
+144.6%
Total assets
1.45m NOK 1.60m NOK
+10.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.50m NOK to 2.77m NOK (+10.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.07m NOK → +1.09m NOK (op. margin 42.7% → 39.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 230.9k NOK → 564.7k NOK (+144.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 145.1k NOK → 100.0k NOK (equity ratio 10.0% → 6.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation