Org.nr 991 989 021 2012 → 2013 Year-over-year analysis

ADVOKATFIRMA FINNE LANGE AS: årsregnskap 2013 vs 2012

Shrank 20% on revenue

approved 2014-04-30; registry 2014-09-11; journal 2014 823646

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA FINNE LANGE AS. Revenue 871.0k NOK → 696.7k NOK (-20.0%). Equity 111.7k NOK → 830.9k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA FINNE LANGE AS.

At a glance

Revenue

871.0k NOK 696.7k NOK

-20.0%

Operating result

-12.6k NOK n/m

—

Net result

-6 574 NOK n/m

—

Equity

111.7k NOK 830.9k NOK

+643.7%

Cash

197.7k NOK 514.0k NOK

+160.0%

Total assets

491.2k NOK 593.2k NOK

+20.8%

↑
Equity strengthened

Book equity 111.7k NOK → 830.9k NOK (equity ratio 22.7% → 140.1%). Calculated
↑
Cash rose

Bank deposits 197.7k NOK → 514.0k NOK (+160.0% YoY). Calculated
↑
Payroll decreased

Salary cost 555.7k NOK → 466.8k NOK (64% → 67% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 871.0k NOK to 696.7k NOK (-20.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.29× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated