Org.nr 989 989 561 2011 → 2012 Year-over-year analysis

ADVOKAT THORE HEGGEN AS: årsregnskap 2012 vs 2011

Grew 18% on revenue, stronger earnings

approved 2013-05-05; registry 2013-08-27; journal 2013 684336

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT THORE HEGGEN AS. Revenue 1.27m NOK → 1.49m NOK (+17.9%). Net result +153.9k NOK → +302.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT THORE HEGGEN AS.

Scorecard

Revenue
1.27m NOK 1.49m NOK
+17.9%
Operating result
+205.3k NOK +401.2k NOK
+95.5%
Net result
+153.9k NOK +302.8k NOK
+96.8%
Equity
668.9k NOK n/m
—
Cash
569.8k NOK 715.8k NOK
+25.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.27m NOK to 1.49m NOK (+17.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +205.3k NOK → +401.2k NOK (op. margin 16.2% → 26.9%). Calculated

  • ↑

    Net result improved

    Net result +153.9k NOK → +302.8k NOK (net margin 12.1% → 20.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 569.8k NOK → 715.8k NOK (+25.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 670.1k NOK → 681.1k NOK (53% → 46% of revenue). Calculated