FirmaIQ
Org.nr 994 359 010 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET EIDE & CO AS: årsregnskap 2013 vs 2012

Cash halved-plus

approved 2014-05-14; registry 2014-08-25; journal 2014 701153

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET EIDE & CO AS. Revenue 1.86m NOK → 1.86m NOK (-0.1%). Equity 65.0k NOK → 82.5k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMAET EIDE & CO AS.

At a glance

Scorecard

Revenue
1.86m NOK 1.86m NOK
-0.1%
Operating result
+42.9k NOK +2 013 NOK
-95.3%
Net result
+22.4k NOK n/m
—
Equity
65.0k NOK 82.5k NOK
+27.0%
Cash
7.26m NOK 292.9k NOK
-96.0%
Total assets
167.2k NOK 1.33m NOK
+694.5%

What improved

  • ↑

    Equity strengthened

    Book equity 65.0k NOK → 82.5k NOK (equity ratio 38.9% → 6.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.86m NOK to 1.86m NOK (-0.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +42.9k NOK → +2 013 NOK (op. margin 2.3% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.26m NOK → 292.9k NOK (-96.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.26m NOK → 292.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation