ADVOKATFIRMAET HEGG & CO AS: årsregnskap 2013 vs 2012
Grew 8% on revenue, stronger earnings
approved 2014-04-15; registry 2014-06-19; journal 2014 473192
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET HEGG & CO AS. Revenue 8.52m NOK → 9.22m NOK (+8.1%). Net result +298 NOK → +30.1k NOK. Equity 450.5k NOK → 480.6k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. 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 8.52m NOK to 9.22m NOK (+8.1% YoY). Calculated
-
↑
Net result improved
Net result +298 NOK → +30.1k NOK (net margin 0.0% → 0.3%). Calculated
-
↑
Equity strengthened
Book equity 450.5k NOK → 480.6k NOK (equity ratio 13.7% → 13.3%). Calculated
-
↑
Cash rose
Bank deposits 632.7k NOK → 1.98m NOK (+213.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +387.1k NOK → +47.0k NOK (op. margin 4.5% → 0.5%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 5.77m NOK → 6.78m NOK (68% → 74% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 88.1k NOK → 10.3k NOK (-88.3% YoY). Calculated