Org.nr 988 971 332 2012 → 2013 Year-over-year analysis

ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2013 vs 2012

Shrank 5% on revenue, stronger earnings, cash halved-plus

approved 2014-02-21; registry 2014-04-03; journal 2014 339672

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 2.36m NOK → 2.23m NOK (-5.4%). Net result +58.3k NOK → +261.9k NOK. Equity 398.9k NOK → 660.8k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
2.36m NOK 2.23m NOK
-5.4%
Operating result
+6 918 NOK +249.5k NOK
+3506.2%
Net result
+58.3k NOK +261.9k NOK
+349.4%
Equity
398.9k NOK 660.8k NOK
+65.7%
Cash
1 640 NOK 3 NOK
-99.8%
Total assets
349.3k NOK 1.30m NOK
+271.8%

What improved

  • ↑

    Operating result improved

    Operating result +6 918 NOK → +249.5k NOK (op. margin 0.3% → 11.2%). Calculated

  • ↑

    Net result improved

    Net result +58.3k NOK → +261.9k NOK (net margin 2.5% → 11.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 398.9k NOK → 660.8k NOK (equity ratio 114.2% → 50.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.72m NOK → 1.21m NOK (73% → 54% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.36m NOK to 2.23m NOK (-5.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1 640 NOK → 3 NOK (-99.8% YoY). Calculated