FirmaIQ
Org.nr 884 665 582 2011 → 2012 Year-over-year analysis

ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2012 vs 2011

Grew 15% on revenue, stronger earnings

approved 2013-04-23; registry 2013-05-02; journal 2013 369156

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 10.92m NOK → 12.58m NOK (+15.2%). Net result +2.65m NOK → +3.27m NOK. Equity 6.82m NOK → 1.01m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS.

At a glance

Scorecard

Revenue
10.92m NOK 12.58m NOK
+15.2%
Operating result
+3.62m NOK +4.39m NOK
+21.5%
Net result
+2.65m NOK +3.27m NOK
+23.3%
Equity
6.82m NOK 1.01m NOK
-85.2%
Cash
2.56m NOK 1.32m NOK
-48.4%
Total assets
8.17m NOK 10.12m NOK
+23.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.92m NOK to 12.58m NOK (+15.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.62m NOK → +4.39m NOK (op. margin 33.1% → 34.9%). Calculated

  • ↑

    Net result improved

    Net result +2.65m NOK → +3.27m NOK (net margin 24.3% → 26.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.82m NOK → 1.01m NOK (equity ratio 83.5% → 10.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.56m NOK → 1.32m NOK (-48.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.08m NOK → 5.90m NOK (47% → 47% of revenue). Calculated