Org.nr 992 841 958 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET MIDGAARD & CO AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-03-19; registry 2014-03-22; journal 2014 326303

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET MIDGAARD & CO AS. Revenue 5.77m NOK → 6.06m NOK (+5.0%). Equity 549.2k NOK → 659.4k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
5.77m NOK 6.06m NOK
+5.0%
Equity
549.2k NOK 659.4k NOK
+20.1%
Cash
644.4k NOK 600.9k NOK
-6.7%
Total assets
2.13m NOK 2.26m NOK
+6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.77m NOK to 6.06m NOK (+5.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 549.2k NOK → 659.4k NOK (equity ratio 25.7% → 29.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 644.4k NOK → 600.9k NOK (-6.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.08m NOK → 3.51m NOK (53% → 58% of revenue). Calculated