Org.nr 977 107 326 2012 → 2013 Year-over-year analysis

ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-04-01; registry 2014-04-22; journal 2014 358440

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 2.26m NOK → 2.32m NOK (+2.8%). Net result +88.7k NOK → +51.4k NOK. Equity -118.4k NOK → -66.9k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA ARE JOHNSEN AS.

Scorecard

Revenue
2.26m NOK 2.32m NOK
+2.8%
Operating result
+178.3k NOK +129.4k NOK
-27.4%
Net result
+88.7k NOK +51.4k NOK
-42.0%
Equity
-118.4k NOK -66.9k NOK
+43.5%
Cash
42.2k NOK 136.4k NOK
+223.2%
Total assets
926.8k NOK 942.3k NOK
+1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.26m NOK to 2.32m NOK (+2.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -118.4k NOK → -66.9k NOK (equity ratio -12.8% → -7.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 42.2k NOK → 136.4k NOK (+223.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +178.3k NOK → +129.4k NOK (op. margin 7.9% → 5.6%). Calculated

  • ↓

    Net result weakened

    Net result +88.7k NOK → +51.4k NOK (net margin 3.9% → 2.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.04m NOK → 1.12m NOK (46% → 48% of revenue). Calculated