FirmaIQ
Org.nr 996 242 307 2012 → 2013 Year-over-year analysis

ADVOKATENE BORGERSEN & STEINSVÅG AS: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-03-16; registry 2014-04-03; journal 2014 339112

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATENE BORGERSEN & STEINSVÅG AS. Revenue 4.44m NOK → 4.29m NOK (-3.2%). Net result +768.7k NOK → +576.5k NOK. Equity 36.2k NOK → 1.61m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.44m NOK 4.29m NOK
-3.2%
Operating result
+84.2k NOK +786.9k NOK
+834.4%
Net result
+768.7k NOK +576.5k NOK
-25.0%
Equity
36.2k NOK 1.61m NOK
+4356.7%
Cash
388.7k NOK 436.6k NOK
+12.3%
Total assets
2.27m NOK 2.93m NOK
+28.9%

What improved

  • ↑

    Operating result improved

    Operating result +84.2k NOK → +786.9k NOK (op. margin 1.9% → 18.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 36.2k NOK → 1.61m NOK (equity ratio 1.6% → 55.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 388.7k NOK → 436.6k NOK (+12.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.44m NOK to 4.29m NOK (-3.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +768.7k NOK → +576.5k NOK (net margin 17.3% → 13.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.42m NOK → 2.49m NOK (55% → 58% of revenue). Calculated