FirmaIQ
Org.nr 988 416 126 2012 → 2013 Year-over-year analysis

ADVOKATFIRMA RUNE H ERIKSEN AS: årsregnskap 2013 vs 2012

Grew 12% on revenue

approved 2014-02-05; registry 2014-03-26; journal 2014 329407

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMA RUNE H ERIKSEN AS. Revenue 2.28m NOK → 2.56m NOK (+12.0%). Net result +852.1k NOK → +992.1k NOK. Equity 349.0k NOK → 334.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA RUNE H ERIKSEN AS.

At a glance

Scorecard

Revenue
2.28m NOK 2.56m NOK
+12.0%
Operating result
+178.4k NOK +1.38m NOK
+674.7%
Net result
+852.1k NOK +992.1k NOK
+16.4%
Equity
349.0k NOK 334.5k NOK
-4.2%
Cash
1.30m NOK 1.57m NOK
+20.5%
Total assets
816.1k NOK 2.23m NOK
+173.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.28m NOK to 2.56m NOK (+12.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +178.4k NOK → +1.38m NOK (op. margin 7.8% → 54.1%). Calculated

  • ↑

    Net result improved

    Net result +852.1k NOK → +992.1k NOK (net margin 37.3% → 38.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.30m NOK → 1.57m NOK (+20.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 349.0k NOK → 334.5k NOK (equity ratio 42.8% → 15.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 012 NOK → 774.8k NOK (0% → 30% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 63.0k NOK → 52.4k NOK (-16.8% YoY). Calculated