ADVOKAT WENCHE LØSET AS: årsregnskap 2012 vs 2011
Shrank 22% on revenue, weaker earnings
approved 2013-03-21; registry 2013-05-14; journal 2013 387368
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKAT WENCHE LØSET AS. Revenue 1.66m NOK → 1.30m NOK (-21.6%). Net result +283.5k NOK → +41.0k NOK. Equity 459.9k NOK → 340.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 809.5k NOK → 782.9k NOK (49% → 60% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.66m NOK to 1.30m NOK (-21.6% YoY). Calculated
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↓
Operating result weakened
Operating result +395.5k NOK → +47.1k NOK (op. margin 23.8% → 3.6%). Calculated
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↓
Net result weakened
Net result +283.5k NOK → +41.0k NOK (net margin 17.1% → 3.2%). Calculated
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↓
Equity eroded
Book equity 459.9k NOK → 340.9k NOK (equity ratio 57.2% → 57.0%). Calculated
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↓
Cash fell
Bank deposits 490.5k NOK → 377.8k NOK (-23.0% YoY). Calculated