ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2012 vs 2011
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 1.88m NOK → 1.82m NOK (-3.1%). Net result +66.2k NOK → +24.6k NOK. Equity 666.7k NOK → 688.6k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 666.7k NOK → 688.6k NOK (equity ratio 977.0% → 57.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.19× → 2.78×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.88m NOK to 1.82m NOK (-3.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +80.0k NOK → +11.7k NOK (op. margin 4.3% → 0.6%). Calculated
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↓
Net result weakened
Net result +66.2k NOK → +24.6k NOK (net margin 3.5% → 1.3%). Calculated
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↓
Cash fell
Bank deposits 55.1k NOK → 50.6k NOK (-8.1% YoY). Calculated