ADVOKATFIRMA RIISØEN AS: årsregnskap 2012 vs 2011
Slipped into loss, cash halved-plus
approved 2013-04-29; registry 2013-08-01; journal 2013 600280
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMA RIISØEN AS. Revenue 2.69m NOK → 2.69m NOK (-0.2%). Net result +43.6k NOK → -145.3k NOK. Equity 478.5k NOK → 333.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.89m NOK → 1.54m NOK (70% → 57% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.69m NOK to 2.69m NOK (-0.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +188.8k NOK → -76.5k NOK (op. margin 7.0% → -2.8%). Calculated
-
↓
Fell into a net loss
Net result flipped from 43.6k NOK profit to a loss of 145.3k NOK. Calculated
-
↓
Equity eroded
Book equity 478.5k NOK → 333.2k NOK (equity ratio 14.0% → 11.7%). Calculated
-
↓
Cash fell
Bank deposits 546.3k NOK → 18.0k NOK (-96.7% YoY). Calculated