Org.nr 992 617 853 2011 → 2012 Year-over-year analysis

ADVOKATFIRMAET ANGELSHAUG & CO AS: årsregnskap 2012 vs 2011

Cash halved-plus

approved 2013-04-29; registry 2013-05-07; journal 2013 377332

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET ANGELSHAUG & CO AS. Revenue 6.13m NOK → 5.88m NOK (-4.1%). Equity 405.4k NOK → 401.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANGELSHAUG & CO AS.

At a glance

Revenue

6.13m NOK 5.88m NOK

-4.1%

Operating result

+52.6k NOK +31.8k NOK

-39.6%

Equity

405.4k NOK 401.2k NOK

-1.0%

Cash

440.6k NOK 153.8k NOK

-65.1%

Total assets

2.46m NOK 2.24m NOK

-9.2%

↑
Payroll decreased

Salary cost 3.76m NOK → 3.72m NOK (61% → 63% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.13m NOK to 5.88m NOK (-4.1% YoY). Calculated
↓
Operating result weakened

Operating result +52.6k NOK → +31.8k NOK (op. margin 0.9% → 0.5%). Calculated
↓
Equity eroded

Book equity 405.4k NOK → 401.2k NOK (equity ratio 16.5% → 17.9%). Calculated
↓
Cash fell

Bank deposits 440.6k NOK → 153.8k NOK (-65.1% YoY). Calculated

·
COGS fell

COGS / varekostnad 679.2k NOK → 533.5k NOK (-21.5% YoY). Calculated