Org.nr 993 459 852 2011 → 2012 Year-over-year analysis

ADVOKATFIRMAET ASTHOR AS: årsregnskap 2012 vs 2011

Shrank 7% on revenue, cash halved-plus

approved 2013-04-02; registry 2013-05-27; journal 2013 408357

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET ASTHOR AS. Revenue 4.62m NOK → 4.27m NOK (-7.5%). Equity 679.5k NOK → 555.2k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMAET ASTHOR AS.

At a glance

Revenue

4.62m NOK 4.27m NOK

-7.5%

Operating result

+924.1k NOK +121.5k NOK

-86.9%

Net result

+658.5k NOK n/m

—

Equity

679.5k NOK 555.2k NOK

-18.3%

Cash

4.61m NOK 147.9k NOK

-96.8%

Total assets

2.49m NOK 1.78m NOK

-28.8%

↓
Revenue fell

Operating income / revenue moved from 4.62m NOK to 4.27m NOK (-7.5% YoY). Calculated
↓
Operating result weakened

Operating result +924.1k NOK → +121.5k NOK (op. margin 20.0% → 2.8%). Calculated
↓
Equity eroded

Book equity 679.5k NOK → 555.2k NOK (equity ratio 27.2% → 31.3%). Calculated
↓
Cash fell

Bank deposits 4.61m NOK → 147.9k NOK (-96.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.63m NOK → 2.88m NOK (57% → 67% of revenue). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.61m NOK → 147.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation