ADVOKATFIRMAET HEGG & CO AS: årsregnskap 2012 vs 2011
Weaker earnings
approved 2013-04-22; registry 2013-06-19; journal 2013 465013
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET HEGG & CO AS. Revenue 8.19m NOK → 8.52m NOK (+4.1%). Net result +70.5k NOK → +298 NOK. Equity 152.4k NOK → 450.5k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HEGG & CO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 8.19m NOK to 8.52m NOK (+4.1% YoY). Calculated
-
↑
Operating result improved
Operating result -135 NOK → +387.1k NOK (op. margin -0.0% → 4.5%). Calculated
-
↑
Equity strengthened
Book equity 152.4k NOK → 450.5k NOK (equity ratio 4.8% → 13.7%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.94× → 1.01×. Calculated
-
↑
Payroll decreased
Salary cost 6.10m NOK → 5.77m NOK (75% → 68% of revenue). Calculated
What deteriorated
-
↓
Net result weakened
Net result +70.5k NOK → +298 NOK (net margin 0.9% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 770.4k NOK → 632.7k NOK (-17.9% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 9 418 NOK → 88.1k NOK (+835.3% YoY). Calculated