Org.nr 970 920 420 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET HVATTUM AS: årsregnskap 2013 vs 2012

Shrank 6% on revenue

approved 2014-01-23; registry 2014-02-27; journal 2014 307476

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET HVATTUM AS. Revenue 806.6k NOK → 757.6k NOK (-6.1%). Equity 639.3k NOK → 705.2k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HVATTUM AS.

Scorecard

Revenue
806.6k NOK 757.6k NOK
-6.1%
Operating result
+211.0k NOK +118.1k NOK
-44.0%
Net result
+144.2k NOK n/m
—
Equity
639.3k NOK 705.2k NOK
+10.3%
Cash
81.6k NOK 3.16m NOK
+3775.3%
Total assets
1.28m NOK 1.26m NOK
-1.2%

What improved

  • ↑

    Equity strengthened

    Book equity 639.3k NOK → 705.2k NOK (equity ratio 49.9% → 55.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 81.6k NOK → 3.16m NOK (+3775.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 198.0k NOK → 172.2k NOK (25% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 806.6k NOK to 757.6k NOK (-6.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +211.0k NOK → +118.1k NOK (op. margin 26.2% → 15.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 24.0k NOK. Reported fact