ADVOKATFIRMAET MORTEN PERSEN AS: årsregnskap 2012 vs 2011
Cash halved-plus
approved 2013-05-26; registry 2013-05-30; journal 2013 419059
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET MORTEN PERSEN AS. Revenue 864.6k NOK → 864.6k NOK (0.0%). Net result -189.5k NOK → -191.4k NOK. Equity -51.5k NOK → -242.9k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET MORTEN PERSEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -268.5k NOK → -7 744 NOK (op. margin -31.1% → -0.9%). Calculated
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↑
Payroll decreased
Salary cost 111.4k NOK → 7 744 NOK (13% → 1% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -51.5k NOK → -242.9k NOK (equity ratio -8.7% → -116.7%). Calculated
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↓
Cash fell
Bank deposits 107.7k NOK → 1 431 NOK (-98.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -116.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 1.02m NOK → 1 021 NOK (-99.9% YoY). Calculated