ADVOKATFIRMAET EIDE & CO AS: årsregnskap 2012 vs 2011
Grew 23% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET EIDE & CO AS. Revenue 1.52m NOK → 1.86m NOK (+22.7%). Net result +72.1k NOK → +22.4k NOK. Equity 42.6k NOK → 65.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET EIDE & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.52m NOK to 1.86m NOK (+22.7% YoY). Calculated
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↑
Equity strengthened
Book equity 42.6k NOK → 65.0k NOK (equity ratio 4.5% → 38.9%). Calculated
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↑
Cash rose
Bank deposits 43.4k NOK → 7.26m NOK (+16609.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.55× → 1.21×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +58.8k NOK → +42.9k NOK (op. margin 3.9% → 2.3%). Calculated
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↓
Net result weakened
Net result +72.1k NOK → +22.4k NOK (net margin 4.7% → 1.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 320.8k NOK → 240.7k NOK. Reported fact