ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2013 vs 2012
Grew 17% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 1.82m NOK → 2.13m NOK (+17.1%). Net result +24.6k NOK → +63.4k NOK. Equity 688.6k NOK → 711.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT STEIN ÅGE MARTINSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.82m NOK to 2.13m NOK (+17.1% YoY). Calculated
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Operating result improved
Operating result +11.7k NOK → +78.6k NOK (op. margin 0.6% → 3.7%). Calculated
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Net result improved
Net result +24.6k NOK → +63.4k NOK (net margin 1.3% → 3.0%). Calculated
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Equity strengthened
Book equity 688.6k NOK → 711.5k NOK (equity ratio 57.7% → 58.9%). Calculated
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Cash rose
Bank deposits 50.6k NOK → 60.4k NOK (+19.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 238.0k NOK → 200.0k NOK — check capital reduction, conversion, or reclassification. Interpretation