ADVOKATFIRMA RISNES AS: årsregnskap 2013 vs 2012
Grew 127176% on revenue, weaker earnings
approved 2014-04-30; registry 2014-05-06; journal 2014 380627
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA RISNES AS. Revenue 2 916 NOK → 3.71m NOK (+127175.5%). Net result +644.9k NOK → +459.6k NOK. Equity 5.74m NOK → 696.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA RISNES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 916 NOK to 3.71m NOK (+127175.5% YoY). Calculated
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↑
Cash rose
Bank deposits 218.2k NOK → 284.0k NOK (+30.1% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +644.9k NOK → +459.6k NOK (net margin 22117.0% → 12.4%). Calculated
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↓
Equity eroded
Book equity 5.74m NOK → 696.1k NOK (equity ratio 1491.2% → 47.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 100 NOK → 1.82m NOK (38% → 49% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 81.8k NOK → 21.5k NOK (-73.7% YoY). Calculated