Org.nr 995 300 370 2011 → 2012 Year-over-year analysis

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

Full company analysis · All year comparisons

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.

Scorecard

Revenue
1.66m NOK 1.30m NOK
-21.6%
Operating result
+395.5k NOK +47.1k NOK
-88.1%
Net result
+283.5k NOK +41.0k NOK
-85.5%
Equity
459.9k NOK 340.9k NOK
-25.9%
Cash
490.5k NOK 377.8k NOK
-23.0%
Total assets
804.7k NOK 598.5k NOK
-25.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 809.5k NOK → 782.9k NOK (49% → 60% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.66m NOK to 1.30m NOK (-21.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +395.5k NOK → +47.1k NOK (op. margin 23.8% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +283.5k NOK → +41.0k NOK (net margin 17.1% → 3.2%). Calculated

  • ↓

    Equity eroded

    Book equity 459.9k NOK → 340.9k NOK (equity ratio 57.2% → 57.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 490.5k NOK → 377.8k NOK (-23.0% YoY). Calculated