ADVOKATFIRMA RIISØEN AS: årsregnskap 2013 vs 2012
Shrank 63% on revenue
approved 2014-04-23; registry 2014-04-29; journal 2014 369761
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA RIISØEN AS. Revenue 2.69m NOK → 988.8k NOK (-63.2%). Net result -145.3k NOK → -170.5k NOK. Equity 333.2k NOK → 162.7k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 18.0k NOK → 180.0k NOK (+897.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.38×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.69m NOK to 988.8k NOK (-63.2% YoY). Calculated
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↓
Operating result weakened
Operating result -76.5k NOK → -131.5k NOK (op. margin -2.8% → -13.3%). Calculated
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↓
Net result weakened
Net result -145.3k NOK → -170.5k NOK (net margin -5.4% → -17.2%). Calculated
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↓
Equity eroded
Book equity 333.2k NOK → 162.7k NOK (equity ratio 11.7% → 31.1%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.54m NOK → 3.48m NOK (57% → 352% of revenue). Calculated