Org.nr 989 523 716 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET MIDTHJELL AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-04-15; registry 2014-05-20; journal 2014 407719

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET MIDTHJELL AS. Revenue 10.04m NOK → 10.22m NOK (+1.7%). Equity 11.47m NOK → 16.26m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.

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

At a glance

Revenue

10.04m NOK 10.22m NOK

+1.7%

Operating result

+7.12m NOK +7.00m NOK

-1.8%

Net result

+5.19m NOK n/m

—

Equity

11.47m NOK 16.26m NOK

+41.7%

Cash

12.79m NOK 15.53m NOK

+21.5%

Total assets

13.79m NOK 18.92m NOK

+37.2%

↑
Revenue rose

Operating income / revenue moved from 10.04m NOK to 10.22m NOK (+1.7% YoY). Calculated
↑
Equity strengthened

Book equity 11.47m NOK → 16.26m NOK (equity ratio 83.2% → 85.9%). Calculated
↑
Cash rose

Bank deposits 12.79m NOK → 15.53m NOK (+21.5% YoY). Calculated

↓
Operating result weakened

Operating result +7.12m NOK → +7.00m NOK (op. margin 70.9% → 68.5%). Calculated

·
Payroll increased

Salary cost 1.11m NOK → 1.42m NOK (11% → 14% of revenue). Calculated