Org.nr 971 587 598 2012 → 2013 Year-over-year analysis

ADVOKATFIRMA RAUGLAND AS: årsregnskap 2013 vs 2012

Shrank 6% on revenue

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA RAUGLAND AS. Revenue 9.19m NOK → 8.65m NOK (-5.8%). Equity 526.5k NOK → 100.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA RAUGLAND AS.

At a glance

Revenue

9.19m NOK 8.65m NOK

-5.8%

Operating result

+2.52m NOK +2.14m NOK

-15.2%

Equity

526.5k NOK 100.0k NOK

-81.0%

Cash

3.36m NOK 2.80m NOK

-16.8%

Total assets

5.26m NOK 4.60m NOK

-12.6%

↑
Payroll decreased

Salary cost 5.34m NOK → 5.14m NOK (58% → 59% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.19m NOK to 8.65m NOK (-5.8% YoY). Calculated
↓
Operating result weakened

Operating result +2.52m NOK → +2.14m NOK (op. margin 27.4% → 24.7%). Calculated
↓
Equity eroded

Book equity 526.5k NOK → 100.0k NOK (equity ratio 10.0% → 2.2%). Calculated
↓
Cash fell

Bank deposits 3.36m NOK → 2.80m NOK (-16.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation