ADVOKAT SIGURD A REFVIK EIENDOM AS: årsregnskap 2013 vs 2012
Shrank 9% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKAT SIGURD A REFVIK EIENDOM AS. Revenue 4.23m NOK → 3.84m NOK (-9.2%). Net result +313.4k NOK → -103.9k NOK. Equity 676.0k NOK → 572.1k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.89×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.23m NOK to 3.84m NOK (-9.2% YoY). Calculated
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↓
Operating result weakened
Operating result +374.1k NOK → -83.1k NOK (op. margin 8.8% → -2.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 313.4k NOK profit to a loss of 103.9k NOK. Calculated
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↓
Equity eroded
Book equity 676.0k NOK → 572.1k NOK (equity ratio 32.6% → 35.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.57m NOK → 1.79m NOK (37% → 47% of revenue). Calculated