ADVOKATFIRMAET HASLE AS: årsregnskap 2013 vs 2012
Grew 27% on revenue, slipped into loss
approved 2014-04-22; registry 2014-04-24; journal 2014 365453
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET HASLE AS. Revenue 2.15m NOK → 2.73m NOK (+27.0%). Net result +83.9k NOK → -170.7k NOK. Equity 135.5k NOK → -35.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HASLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.15m NOK to 2.73m NOK (+27.0% YoY). Calculated
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↑
Cash rose
Bank deposits 49.4k NOK → 62.9k NOK (+27.5% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 83.9k NOK profit to a loss of 170.7k NOK. Calculated
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↓
Equity eroded
Book equity 135.5k NOK → -35.1k NOK (equity ratio 33.1% → -11.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.49× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 910.5k NOK → 1.44m NOK (42% → 53% of revenue). Calculated