FirmaIQ
Org.nr 975 990 257 2011 → 2012 Year-over-year analysis

ADVOKAT24 AS: årsregnskap 2012 vs 2011

Shrank 15% on revenue, weaker earnings

approved 2013-05-22; registry 2013-05-28; journal 2013 413036

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKAT24 AS. Revenue 7.85m NOK → 6.65m NOK (-15.3%). Net result +466.1k NOK → +130.2k NOK. Equity -117.2k NOK → 13.0k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT24 AS.

At a glance

Scorecard

Revenue
7.85m NOK 6.65m NOK
-15.3%
Operating result
+10.5k NOK n/m
—
Net result
+466.1k NOK +130.2k NOK
-72.1%
Equity
-117.2k NOK 13.0k NOK
+111.1%
Cash
639.3k NOK 607.5k NOK
-5.0%
Total assets
7.51m NOK 6.99m NOK
-7.0%

What improved

  • ↑

    Equity strengthened

    Book equity -117.2k NOK → 13.0k NOK (equity ratio -1.6% → 0.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.03m NOK → 3.63m NOK (51% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.85m NOK to 6.65m NOK (-15.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +466.1k NOK → +130.2k NOK (net margin 5.9% → 2.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 639.3k NOK → 607.5k NOK (-5.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 3 868 NOK. Reported fact