FirmaIQ
Org.nr 995 483 335 2011 → 2012 Year-over-year analysis

ADVOKATFIRMAET EUROJURIS HAUGESUND AS: årsregnskap 2012 vs 2011

Grew 25% on revenue

approved 2013-04-12; registry 2013-04-30; journal 2013 366140

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET EUROJURIS HAUGESUND AS. Revenue 16.11m NOK → 20.11m NOK (+24.8%). Equity 3.68m NOK → 1.50m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET EUROJURIS HAUGESUND AS.

At a glance

Scorecard

Revenue
16.11m NOK 20.11m NOK
+24.8%
Operating result
+2.37m NOK +3.40m NOK
+43.7%
Net result
+1.79m NOK n/m
—
Equity
3.68m NOK 1.50m NOK
-59.1%
Cash
1.70m NOK 3.55m NOK
+108.8%
Total assets
7.61m NOK 9.73m NOK
+28.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.11m NOK to 20.11m NOK (+24.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.37m NOK → +3.40m NOK (op. margin 14.7% → 16.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.70m NOK → 3.55m NOK (+108.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.45× → 1.20×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.68m NOK → 1.50m NOK (equity ratio 48.4% → 15.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.68m NOK → 1.50m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 10.38m NOK → 13.03m NOK (64% → 65% of revenue). Calculated