ADVOKATFIRMAET TOR HAUG AS: årsregnskap 2013 vs 2012
Grew 13% on revenue, weaker earnings
approved 2014-04-07; registry 2014-04-26; journal 2014 366292
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET TOR HAUG AS. Revenue 1.46m NOK → 1.65m NOK (+13.1%). Net result +103.5k NOK → +17.9k NOK. Equity 489.6k NOK → 507.5k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET TOR HAUG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.46m NOK to 1.65m NOK (+13.1% YoY). Calculated
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↑
Equity strengthened
Book equity 489.6k NOK → 507.5k NOK (equity ratio 49.5% → 66.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +103.5k NOK → +17.9k NOK (net margin 7.1% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 479.0k NOK → 351.8k NOK (-26.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 766.0k NOK → 1.08m NOK (52% → 65% of revenue). Calculated