FirmaIQ
Org.nr 994 267 256 2011 → 2012 Year-over-year analysis

ADVOKATENE SVEEN AS: årsregnskap 2012 vs 2011

Stronger earnings

approved 2013-04-25; registry 2013-06-01; journal 2013 423897

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATENE SVEEN AS. Revenue 2.16m NOK → 2.11m NOK (-2.3%). Net result +2 011 NOK → +2.49m NOK. Equity -4 193 NOK → -18.2k NOK.

On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE SVEEN AS.

At a glance

Scorecard

Revenue
2.16m NOK 2.11m NOK
-2.3%
Net result
+2 011 NOK +2.49m NOK
+123477.3%
Equity
-4 193 NOK -18.2k NOK
-333.7%
Cash
82.0k NOK 122.2k NOK
+49.1%
Total assets
1.17m NOK 950.5k NOK
-18.7%

What improved

  • ↑

    Net result improved

    Net result +2 011 NOK → +2.49m NOK (net margin 0.1% → 117.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 82.0k NOK → 122.2k NOK (+49.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.56m NOK → 1.45m NOK (72% → 69% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.16m NOK to 2.11m NOK (-2.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -4 193 NOK → -18.2k NOK (equity ratio -0.4% → -1.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation