Org.nr 991 504 125 2011 → 2012 Year-over-year analysis

ADVOKATFIRMA OLAFSEN AS: årsregnskap 2012 vs 2011

Grew 26% on revenue

approved 2013-04-22; registry 2013-05-02; journal 2013 368646

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMA OLAFSEN AS. Revenue 1.86m NOK → 2.35m NOK (+26.3%). Equity 486.5k NOK → 599.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.86m NOK 2.35m NOK
+26.3%
Operating result
+471.8k NOK +283.4k NOK
-39.9%
Equity
486.5k NOK 599.5k NOK
+23.2%
Cash
440.4k NOK 795.6k NOK
+80.7%
Total assets
922.0k NOK 355.2k NOK
-61.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.86m NOK to 2.35m NOK (+26.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 486.5k NOK → 599.5k NOK (equity ratio 52.8% → 168.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 440.4k NOK → 795.6k NOK (+80.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +471.8k NOK → +283.4k NOK (op. margin 25.3% → 12.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.01× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated