FirmaIQ
Org.nr 989 080 822 2012 → 2013 Year-over-year analysis

ADVOKATENE LEIROS & OLSEN AS: årsregnskap 2013 vs 2012

Grew 53% on revenue

approved 2014-03-31; registry 2014-05-17; journal 2014 401884

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATENE LEIROS & OLSEN AS. Revenue 11.54m NOK → 17.69m NOK (+53.3%). Equity 444.5k NOK → 14.5k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATENE LEIROS & OLSEN AS.

At a glance

Scorecard

Revenue
11.54m NOK 17.69m NOK
+53.3%
Equity
444.5k NOK 14.5k NOK
-96.7%
Cash
3.60m NOK 3.22m NOK
-10.5%
Total assets
4.38m NOK 5.97m NOK
+36.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.54m NOK to 17.69m NOK (+53.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 444.5k NOK → 14.5k NOK (equity ratio 10.2% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.60m NOK → 3.22m NOK (-10.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.08× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3 NOK → 11.85m NOK (0% → 67% of revenue). Calculated