Org.nr 879 319 382 2011 → 2012 Year-over-year analysis

ADVOKAT SIGURD A REFVIK EIENDOM AS: årsregnskap 2012 vs 2011

Grew 46% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT SIGURD A REFVIK EIENDOM AS. Revenue 2.90m NOK → 4.23m NOK (+45.7%). Equity 362.6k NOK → 676.0k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SIGURD A REFVIK EIENDOM AS.

Scorecard

Revenue
2.90m NOK 4.23m NOK
+45.7%
Operating result
+157.1k NOK +374.1k NOK
+138.1%
Net result
n/m +313.4k NOK
—
Equity
362.6k NOK 676.0k NOK
+86.4%
Total assets
460.1k NOK 2.07m NOK
+350.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.90m NOK to 4.23m NOK (+45.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +157.1k NOK → +374.1k NOK (op. margin 5.4% → 8.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 362.6k NOK → 676.0k NOK (equity ratio 78.8% → 32.6%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.75× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 968.9k NOK → 1.57m NOK (33% → 37% of revenue). Calculated