Org.nr 991 504 125 2012 → 2013 Year-over-year analysis

ADVOKATFIRMA OLAFSEN AS: årsregnskap 2013 vs 2012

Grew 5% on revenue

approved 2014-03-12; registry 2014-05-21; journal 2014 410127

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA OLAFSEN AS. Revenue 2.35m NOK → 2.48m NOK (+5.3%). Equity 599.5k NOK → 684.9k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.35m NOK 2.48m NOK
+5.3%
Operating result
+283.4k NOK +240.4k NOK
-15.2%
Equity
599.5k NOK 684.9k NOK
+14.2%
Cash
795.6k NOK 460.1k NOK
-42.2%
Total assets
355.2k NOK 11.2k NOK
-96.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.35m NOK to 2.48m NOK (+5.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 599.5k NOK → 684.9k NOK (equity ratio 168.8% → 6141.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.41× → 12.32×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +283.4k NOK → +240.4k NOK (op. margin 12.0% → 9.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 795.6k NOK → 460.1k NOK (-42.2% YoY). Calculated