ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2012 vs 2011
Shrank 15% on revenue, cash halved-plus
approved 2013-05-15; registry 2013-05-22; journal 2013 400529
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 17.20m NOK → 14.65m NOK (-14.8%). Equity 2.21m NOK → 1.12m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
17.20m NOK
14.65m NOK
-14.8%
Operating result
+2.16m NOK
+543.6k NOK
-74.8%
Equity
2.21m NOK
1.12m NOK
-49.1%
Cash
4.21m NOK
1.97m NOK
-53.1%
Total assets
7.07m NOK
5.70m NOK
-19.4%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 17.20m NOK to 14.65m NOK (-14.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.16m NOK → +543.6k NOK (op. margin 12.5% → 3.7%). Calculated
-
↓
Equity eroded
Book equity 2.21m NOK → 1.12m NOK (equity ratio 31.2% → 19.7%). Calculated
-
↓
Cash fell
Bank deposits 4.21m NOK → 1.97m NOK (-53.1% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 970.8k NOK → 11.01m NOK (6% → 75% of revenue). Calculated