FirmaIQ
Org.nr 984 071 329 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2013 vs 2012

Grew 48% on revenue, returned to profit

approved 2014-02-28; registry 2014-03-29; journal 2014 333148

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET RØED AS. Revenue 1.70m NOK → 2.52m NOK (+48.1%). Net result -170.4k NOK → +327.3k NOK. Equity 710.5k NOK → 1.04m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

At a glance

Scorecard

Revenue
1.70m NOK 2.52m NOK
+48.1%
Operating result
-242.3k NOK +444.3k NOK
+283.4%
Net result
-170.4k NOK +327.3k NOK
+292.1%
Equity
710.5k NOK 1.04m NOK
+46.1%
Cash
367.1k NOK 449.7k NOK
+22.5%
Total assets
1.30m NOK 1.72m NOK
+32.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.70m NOK to 2.52m NOK (+48.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -242.3k NOK → +444.3k NOK (op. margin -14.3% → 17.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 170.4k NOK to a profit of 327.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 710.5k NOK → 1.04m NOK (equity ratio 54.7% → 60.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 367.1k NOK → 449.7k NOK (+22.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.34m NOK → 1.41m NOK (79% → 56% of revenue). Calculated