ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2012 vs 2011
Grew 45% on revenue, stronger earnings
approved 2012-04-15; registry 2013-05-27; journal 2013 406773
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 2.87m NOK → 4.15m NOK (+44.6%). Net result +173.2k NOK → +819.3k NOK. Equity 1.99m NOK → 2.11m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA HOLTHE & CO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.87m NOK to 4.15m NOK (+44.6% YoY). Calculated
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Net result improved
Net result +173.2k NOK → +819.3k NOK (net margin 6.0% → 19.7%). Calculated
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Equity strengthened
Book equity 1.99m NOK → 2.11m NOK (equity ratio 65.7% → 57.1%). Calculated
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Cash rose
Bank deposits 824.5k NOK → 970.2k NOK (+17.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.84m NOK → 1.99m NOK (64% → 48% of revenue). Calculated
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Book investments changed
Investment / intangible book value 200.9k NOK → 0 NOK. Reported fact