FirmaIQ
Org.nr 981 459 326 2011 → 2012 Year-over-year analysis

ADVOKATFIRMAET BULL AS: årsregnskap 2012 vs 2011

Grew 7% on revenue, stronger earnings

approved 2013-05-15; registry 2013-05-25; journal 2013 404669

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET BULL AS. Revenue 64.17m NOK → 68.77m NOK (+7.2%). Net result +119.2k NOK → +376.2k NOK. Equity 3.20m NOK → 3.57m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET BULL AS.

At a glance

Scorecard

Revenue
64.17m NOK 68.77m NOK
+7.2%
Net result
+119.2k NOK +376.2k NOK
+215.7%
Equity
3.20m NOK 3.57m NOK
+11.8%
Cash
1.19m NOK 852.2k NOK
-28.1%
Total assets
32.00m NOK 36.55m NOK
+14.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 64.17m NOK to 68.77m NOK (+7.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +119.2k NOK → +376.2k NOK (net margin 0.2% → 0.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.20m NOK → 3.57m NOK (equity ratio 10.0% → 9.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.19m NOK → 852.2k NOK (-28.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation