Org.nr 997 178 009 2011 → 2012 Year-over-year analysis

ADVOKAT VIDAR SINDING AS: årsregnskap 2012 vs 2011

Grew 235027% on revenue

approved 2013-05-22; registry 2013-05-29; journal 2013 415944

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT VIDAR SINDING AS. Revenue 1 345 NOK → 3.16m NOK (+235026.8%). Equity 806.1k NOK → 457.4k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

At a glance

Revenue

1 345 NOK 3.16m NOK

+235026.8%

Operating result

+974.6k NOK +1.53m NOK

+57.3%

Net result

n/m +1.09m NOK

—

Equity

806.1k NOK 457.4k NOK

-43.3%

Cash

69.1k NOK 41.3k NOK

-40.2%

Total assets

3 708 NOK 3.98m NOK

+107369.1%

↑
Revenue rose

Operating income / revenue moved from 1 345 NOK to 3.16m NOK (+235026.8% YoY). Calculated
↑
Operating result improved

Operating result +974.6k NOK → +1.53m NOK (op. margin 72457.6% → 48.5%). Calculated

↓
Equity eroded

Book equity 806.1k NOK → 457.4k NOK (equity ratio 21740.6% → 11.5%). Calculated
↓
Cash fell

Bank deposits 69.1k NOK → 41.3k NOK (-40.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 114.85× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 195.4k NOK → 886.0k NOK (14530% → 28% of revenue). Calculated