ADVOKATFIRMA SEKSE & CO. AS: årsregnskap 2012 vs 2011
Shrank 10% on revenue
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMA SEKSE & CO. AS. Revenue 16.49m NOK → 14.78m NOK (-10.4%). Equity 984.0k NOK → 961.3k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA SEKSE & CO. AS.
At a glance
Scorecard
Revenue
16.49m NOK
14.78m NOK
-10.4%
Operating result
+2.57m NOK
+2.14m NOK
-16.7%
Equity
984.0k NOK
961.3k NOK
-2.3%
Total assets
9.84m NOK
9.61m NOK
-2.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 16.49m NOK to 14.78m NOK (-10.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.57m NOK → +2.14m NOK (op. margin 15.6% → 14.5%). Calculated
-
↓
Equity eroded
Book equity 984.0k NOK → 961.3k NOK (equity ratio 10.0% → 10.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.43m NOK → 1.78m NOK (9% → 12% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 46.3k NOK → 0 NOK (-100.0% YoY). Calculated