Org.nr 998 580 269 2012 → 2013 Year-over-year analysis

ADVOKATFIRMA ARVE HAAKSTAD AS: årsregnskap 2013 vs 2012

Grew 15% on revenue, cash halved-plus

approved 2014-04-23; registry 2014-07-26; journal 2014 608740

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA ARVE HAAKSTAD AS. Revenue 1.61m NOK → 1.85m NOK (+14.9%). Equity 371.7k NOK → 989.6k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA ARVE HAAKSTAD AS.

Scorecard

Revenue
1.61m NOK 1.85m NOK
+14.9%
Operating result
+237.3k NOK +400.2k NOK
+68.6%
Net result
n/m +617.9k NOK
—
Equity
371.7k NOK 989.6k NOK
+166.2%
Cash
246.1k NOK 17.0k NOK
-93.1%
Total assets
1.59m NOK 6.53m NOK
+309.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61m NOK to 1.85m NOK (+14.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +237.3k NOK → +400.2k NOK (op. margin 14.8% → 21.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 371.7k NOK → 989.6k NOK (equity ratio 23.3% → 15.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.78m NOK → 662.4k NOK (235% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 246.1k NOK → 17.0k NOK (-93.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7.11m NOK → 110.0k NOK. Reported fact