ADVOKATFIRMAET FRØY AS: årsregnskap 2013 vs 2012
Grew 25% on revenue, cash halved-plus
approved 2014-06-30; registry 2014-08-21; journal 2014 684745
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET FRØY AS. Revenue 7.76m NOK → 9.73m NOK (+25.5%). Equity 924.0k NOK → 1.03m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET FRØY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.76m NOK to 9.73m NOK (+25.5% YoY). Calculated
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↑
Equity strengthened
Book equity 924.0k NOK → 1.03m NOK (equity ratio 25.2% → 23.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 4.27m NOK → 354.6k NOK (-91.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.27m NOK → 354.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 5.52m NOK → 6.61m NOK (71% → 68% of revenue). Calculated