Org.nr 997 318 013 2011 → 2012 Year-over-year analysis

ADVOKATFIRMAET KVASSTIND AS: årsregnskap 2012 vs 2011

Grew 223% on revenue

approved 2013-06-12; registry 2013-06-22; journal 2013 468385

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET KVASSTIND AS. Revenue 293.4k NOK → 948.0k NOK (+223.1%). Net result +53.6k NOK → +63.4k NOK. Equity 153.6k NOK → 217.0k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET KVASSTIND AS.

Scorecard

Revenue
293.4k NOK 948.0k NOK
+223.1%
Operating result
+74.3k NOK n/m
—
Net result
+53.6k NOK +63.4k NOK
+18.2%
Equity
153.6k NOK 217.0k NOK
+41.3%
Cash
80.6k NOK 445.9k NOK
+453.0%
Total assets
255.8k NOK 50.0k NOK
-80.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 293.4k NOK to 948.0k NOK (+223.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +53.6k NOK → +63.4k NOK (net margin 18.3% → 6.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 153.6k NOK → 217.0k NOK (equity ratio 60.0% → 433.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 80.6k NOK → 445.9k NOK (+453.0% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.52× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 175 NOK → 2.37m NOK (1% → 250% of revenue). Calculated