Org.nr 989 397 672 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-04-30; registry 2014-08-30; journal 2014 733776

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 3.00m NOK → 2.88m NOK (-4.2%). Net result +116.0k NOK → +14.4k NOK. Equity 268.9k NOK → 283.3k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RIISE & BROWN AS.

Scorecard

Revenue
3.00m NOK 2.88m NOK
-4.2%
Operating result
+135.5k NOK +39.9k NOK
-70.5%
Net result
+116.0k NOK +14.4k NOK
-87.6%
Equity
268.9k NOK 283.3k NOK
+5.3%
Cash
205.2k NOK 174.1k NOK
-15.2%
Total assets
178.7k NOK 977.9k NOK
+447.1%

What improved

  • ↑

    Equity strengthened

    Book equity 268.9k NOK → 283.3k NOK (equity ratio 150.5% → 29.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.09× → 1.36×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.00m NOK to 2.88m NOK (-4.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +135.5k NOK → +39.9k NOK (op. margin 4.5% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +116.0k NOK → +14.4k NOK (net margin 3.9% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 205.2k NOK → 174.1k NOK (-15.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 81.8k NOK → 34.6k NOK. Reported fact