FirmaIQ
Org.nr 988 334 715 2011 → 2012 Year-over-year analysis

ADVOKATFIRMAET SAEME AS: årsregnskap 2012 vs 2011

Cash halved-plus

approved 2013-04-28; registry 2013-08-21; journal 2013 653220

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET SAEME AS. Revenue 10.44m NOK → 10.21m NOK (-2.2%). Equity 13.90m NOK → 16.34m NOK.

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

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SAEME AS.

At a glance

Scorecard

Revenue
10.44m NOK 10.21m NOK
-2.2%
Operating result
+4.82m NOK +4.60m NOK
-4.5%
Equity
13.90m NOK 16.34m NOK
+17.5%
Cash
13.57m NOK 2.76m NOK
-79.7%
Total assets
16.60m NOK 31.54m NOK
+90.0%

What improved

  • ↑

    Equity strengthened

    Book equity 13.90m NOK → 16.34m NOK (equity ratio 83.7% → 51.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.93m NOK → 2.79m NOK (28% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.44m NOK to 10.21m NOK (-2.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.82m NOK → +4.60m NOK (op. margin 46.2% → 45.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 13.57m NOK → 2.76m NOK (-79.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (13.57m NOK → 2.76m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 17.90m NOK → 16.6k NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 241.6k NOK → 13.30m NOK. Reported fact