FirmaIQ
Org.nr 866 230 552 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET KLOMSÆT & CO AS: årsregnskap 2013 vs 2012

Shrank 66% on revenue, slipped into loss, cash halved-plus

approved 2014-04-07; registry 2014-04-09; journal 2014 349560

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET KLOMSÆT & CO AS. Revenue 7.29m NOK → 2.51m NOK (-65.6%). Net result +500.3k NOK → -587.4k NOK. Equity 1.54m NOK → 6.95m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKATFIRMAET KLOMSÆT & CO AS.

At a glance

Scorecard

Revenue
7.29m NOK 2.51m NOK
-65.6%
Operating result
+661.0k NOK -643.7k NOK
-197.4%
Net result
+500.3k NOK -587.4k NOK
-217.4%
Equity
1.54m NOK 6.95m NOK
+352.4%
Cash
1.67m NOK 552.9k NOK
-66.9%
Total assets
2.57m NOK 1.34m NOK
-47.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.54m NOK → 6.95m NOK (equity ratio 59.7% → 516.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.57m NOK → 2 013 NOK (35% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.29m NOK to 2.51m NOK (-65.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +661.0k NOK → -643.7k NOK (op. margin 9.1% → -25.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 500.3k NOK profit to a loss of 587.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1.67m NOK → 552.9k NOK (-66.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.67m NOK → 552.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation