ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2012 vs 2011
Grew 329% on revenue, returned to profit
approved 2013-04-30; registry 2013-05-28; journal 2013 412496
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 145.6k NOK → 625.1k NOK (+329.3%). Net result -14.2k NOK → +113.0k NOK. Equity 82.2k NOK → 195.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA BJØRN H. LARSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 145.6k NOK to 625.1k NOK (+329.3% YoY). Calculated
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Operating result improved
Operating result +15.3k NOK → +190.2k NOK (op. margin 10.5% → 30.4%). Calculated
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Turned profitable
Net result flipped from a loss of 14.2k NOK to a profit of 113.0k NOK. Calculated
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Equity strengthened
Book equity 82.2k NOK → 195.2k NOK (equity ratio 15.9% → 25.8%). Calculated
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Cash rose
Bank deposits 40.3k NOK → 42.8k NOK (+6.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 667.0k NOK → 806.9k NOK (458% → 129% of revenue). Calculated
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COGS moved
COGS / varekostnad -18.2k NOK → 19.4k NOK (+206.1% YoY). Calculated