ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2013 vs 2012
Grew 115% on revenue, weaker earnings, cash halved-plus
approved 2014-04-29; registry 2014-05-22; journal 2014 414950
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 625.1k NOK → 1.35m NOK (+115.3%). Net result +113.0k NOK → +1 609 NOK. Equity 195.2k NOK → 196.8k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs fell. 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 625.1k NOK to 1.35m NOK (+115.3% YoY). Calculated
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↑
Equity strengthened
Book equity 195.2k NOK → 196.8k NOK (equity ratio 25.8% → 23.0%). Calculated
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↑
Payroll decreased
Salary cost 806.9k NOK → 722.7k NOK (129% → 54% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +190.2k NOK → +41.8k NOK (op. margin 30.4% → 3.1%). Calculated
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↓
Net result weakened
Net result +113.0k NOK → +1 609 NOK (net margin 18.1% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 42.8k NOK → 11.6k NOK (-72.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 19.4k NOK → -5 365 NOK (-127.7% YoY). Calculated