Org.nr 984 677 499 2011 → 2012 Year-over-year analysis

ADVOKATFIRMA TINGMANN AS: årsregnskap 2012 vs 2011

Shrank 17% on revenue, slipped into loss

approved 2013-04-26; registry 2013-05-27; journal 2013 408323

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMA TINGMANN AS. Revenue 11.39m NOK → 9.46m NOK (-17.0%). Net result +253.3k NOK → -167.7k NOK. Equity 1.68m NOK → 1.51m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
11.39m NOK 9.46m NOK
-17.0%
Operating result
-409.7k NOK -456.7k NOK
-11.5%
Net result
+253.3k NOK -167.7k NOK
-166.2%
Equity
1.68m NOK 1.51m NOK
-10.0%
Cash
343.7k NOK 441.8k NOK
+28.5%
Total assets
7.56m NOK 6.90m NOK
-8.7%

What improved

  • ↑

    Cash rose

    Bank deposits 343.7k NOK → 441.8k NOK (+28.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 8.46m NOK → 7.09m NOK (74% → 75% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.39m NOK to 9.46m NOK (-17.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -409.7k NOK → -456.7k NOK (op. margin -3.6% → -4.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 253.3k NOK profit to a loss of 167.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.68m NOK → 1.51m NOK (equity ratio 22.2% → 21.9%). Calculated