FirmaIQ
Org.nr 985 851 514 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS: årsregnskap 2013 vs 2012

Grew 10% on revenue, slipped into loss

approved 2014-04-28; registry 2014-06-19; journal 2014 472324

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS. Revenue 40.08m NOK → 43.95m NOK (+9.6%). Net result +784.2k NOK → -46.1k NOK. Equity 2.63m NOK → 81.9k NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS.

At a glance

Scorecard

Revenue
40.08m NOK 43.95m NOK
+9.6%
Net result
+784.2k NOK -46.1k NOK
-105.9%
Equity
2.63m NOK 81.9k NOK
-96.9%
Cash
5.56m NOK 5.44m NOK
-2.1%
Total assets
18.81m NOK 21.22m NOK
+12.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.08m NOK to 43.95m NOK (+9.6% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 784.2k NOK profit to a loss of 46.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.63m NOK → 81.9k NOK (equity ratio 14.0% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.56m NOK → 5.44m NOK (-2.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.03× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 822.8k NOK → 890.8k NOK. Reported fact