ADVOKATFIRMAET BERGE AS: årsregnskap 2012 vs 2011
Shrank 11% on revenue, cash halved-plus
approved 2013-04-30; registry 2013-05-14; journal 2013 388723
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET BERGE AS. Revenue 2.30m NOK → 2.04m NOK (-11.4%). Equity 134.8k NOK → 111.8k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERGE AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.01× → 1.06×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.30m NOK to 2.04m NOK (-11.4% YoY). Calculated
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↓
Equity eroded
Book equity 134.8k NOK → 111.8k NOK (equity ratio 39.8% → 10.4%). Calculated
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↓
Cash fell
Bank deposits 41.8k NOK → -16.5k NOK (-139.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 704.0k NOK → 863.3k NOK (31% → 42% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 150.2k NOK → 39.5k NOK (-73.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 196.4k NOK → 183.0k NOK. Reported fact