Org.nr 982 791 553 2011 → 2012 Year-over-year analysis

ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2012 vs 2011

Shrank 94% on revenue, slipped into loss, cash halved-plus

approved 2013-04-27; registry 2013-09-03; journal 2013 731889

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Revenue 1.24m NOK → 70.0k NOK (-94.4%). Net result 0 NOK → -64.5k NOK. Equity 188.1k NOK → 123.6k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLDEN OG RINGERUD AS.

Scorecard

Revenue
1.24m NOK 70.0k NOK
-94.4%
Net result
0 NOK -64.5k NOK
—
Equity
188.1k NOK 123.6k NOK
-34.3%
Cash
163.2k NOK 15.7k NOK
-90.4%
Total assets
700.5k NOK 491.9k NOK
-29.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 947.2k NOK → 4 947 NOK (76% → 7% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.24m NOK to 70.0k NOK (-94.4% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 64.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 188.1k NOK → 123.6k NOK (equity ratio 26.9% → 25.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 163.2k NOK → 15.7k NOK (-90.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 188.1k NOK → 123.6k NOK — check capital reduction, conversion, or reclassification. Interpretation