ADVOKAT SIGVALD ARNE MORTVEIT AS: årsregnskap 2012 vs 2011
Grew 47% on revenue
approved 2013-04-25; registry 2013-05-04; journal 2013 370060
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKAT SIGVALD ARNE MORTVEIT AS. Revenue 392.3k NOK → 575.9k NOK (+46.8%). Equity 251.5k NOK → 233.4k NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 392.3k NOK to 575.9k NOK (+46.8% YoY). Calculated
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↑
Operating result improved
Operating result -107.0k NOK → -18.2k NOK (op. margin -27.3% → -3.2%). Calculated
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↑
Payroll decreased
Salary cost 306.7k NOK → 270.1k NOK (78% → 47% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 251.5k NOK → 233.4k NOK (equity ratio 78.0% → 54.5%). Calculated
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↓
Cash fell
Bank deposits 71.7k NOK → 55.2k NOK (-23.0% YoY). Calculated