ADVOKATFIRMAET ØSTBERG AS: årsregnskap 2012 vs 2011
Grew 48% on revenue, slipped into loss, cash halved-plus
approved 2013-04-18; registry 2013-06-01; journal 2013 426660
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET ØSTBERG AS. Revenue 1.05m NOK → 1.56m NOK (+48.1%). Net result +782.1k NOK → -72.1k NOK. Equity -75.6k NOK → -147.7k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ØSTBERG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.05m NOK to 1.56m NOK (+48.1% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 782.1k NOK profit to a loss of 72.1k NOK. Calculated
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↓
Equity eroded
Book equity -75.6k NOK → -147.7k NOK (equity ratio -10.7% → -20.7%). Calculated
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↓
Cash fell
Bank deposits 4.30m NOK → 158.4k NOK (-96.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -20.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (4.30m NOK → 158.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 5 058 NOK → 0 NOK (-100.0% YoY). Calculated