ADVOKATFIRMAET MELAND AS: årsregnskap 2013 vs 2012
Grew 8% on revenue, slipped into loss
approved 2014-04-11; registry 2014-08-06; journal 2014 632799
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET MELAND AS. Revenue 3.88m NOK → 4.18m NOK (+7.7%). Net result +156.7k NOK → -10.6k NOK. Equity 321.3k NOK → 310.7k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET MELAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.88m NOK to 4.18m NOK (+7.7% YoY). Calculated
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↑
Operating result improved
Operating result -298.7k NOK → +40.0k NOK (op. margin -7.7% → 1.0%). Calculated
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↑
Cash rose
Bank deposits 94.4k NOK → 206.4k NOK (+118.6% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 156.7k NOK profit to a loss of 10.6k NOK. Calculated
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↓
Equity eroded
Book equity 321.3k NOK → 310.7k NOK (equity ratio 17.2% → 12.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.65m NOK → 3.14m NOK (68% → 75% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 291.9k NOK → 167.8k NOK (-42.5% YoY). Calculated