Org.nr 990 625 972 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET BERNGAARD AS: årsregnskap 2013 vs 2012

Cash halved-plus, fresh owner capital

approved 2014-04-29; registry 2014-05-06; journal 2014 380733

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET BERNGAARD AS. Revenue 12.18m NOK → 12.19m NOK (+0.1%). Equity 1 593 NOK → 1.28m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell; current ratio dropped below 1×.

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

At a glance

Revenue

12.18m NOK 12.19m NOK

+0.1%

Operating result

+781.8k NOK n/m

—

Net result

+569.2k NOK n/m

—

Equity

1 593 NOK 1.28m NOK

+80215.8%

Cash

2.16m NOK 592.8k NOK

-72.5%

Total assets

3.77m NOK 3.69m NOK

-2.1%

↑
Revenue rose

Operating income / revenue moved from 12.18m NOK to 12.19m NOK (+0.1% YoY). Calculated
↑
Equity strengthened

Book equity 1 593 NOK → 1.28m NOK (equity ratio 0.0% → 34.7%). Calculated
↑
Owners injected capital

Paid-in equity rose 132 NOK → 132.0k NOK (+131.9k NOK). Reported fact

↓
Cash fell

Bank deposits 2.16m NOK → 592.8k NOK (-72.5% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.66× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (2.16m NOK → 592.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation