ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS: årsregnskap 2012 vs 2011
Shrank 55% on revenue
approved 2013-05-21; registry 2013-09-07; journal 2013 770940
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS. Revenue 2.06m NOK → 923.7k NOK (-55.3%). Equity 1.86m NOK → 976.4k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 777.8k NOK → 911.1k NOK (+17.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 770.2k NOK → 74.7k NOK (37% → 8% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.06m NOK to 923.7k NOK (-55.3% YoY). Calculated
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↓
Operating result weakened
Operating result +731.6k NOK → +586.0k NOK (op. margin 35.4% → 63.4%). Calculated
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↓
Equity eroded
Book equity 1.86m NOK → 976.4k NOK (equity ratio 78.6% → 55.0%). Calculated