ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2012 vs 2011
Grew 17% on revenue, stronger earnings
approved 2013-04-04; registry 2013-08-03; journal 2013 603933
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET ARNTZEN AS. Revenue 245.3k NOK → 286.7k NOK (+16.9%). Net result +680.3k NOK → +853.5k NOK. Equity 108.0k NOK → 151 NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ARNTZEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 245.3k NOK to 286.7k NOK (+16.9% YoY). Calculated
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↑
Net result improved
Net result +680.3k NOK → +853.5k NOK (net margin 277.3% → 297.6%). Calculated
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↑
Cash rose
Bank deposits 15.60m NOK → 27.59m NOK (+76.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 108.0k NOK → 151 NOK (equity ratio 0.1% → 0.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 108.0k NOK → 151 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 83.75m NOK → 94.35m NOK (34136% → 32905% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 336 NOK → 1.12m NOK. Reported fact