Org.nr 993 596 124 2012 → 2013 Year-over-year analysis

ADVOKATFIRMAET VINJE AS: årsregnskap 2013 vs 2012

Grew 9% on revenue

approved 2014-04-10; registry 2014-06-19; journal 2014 470058

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATFIRMAET VINJE AS. Revenue 2.16m NOK → 2.34m NOK (+8.5%). Equity 392.9k NOK → 100.0k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET VINJE AS.

Scorecard

Revenue
2.16m NOK 2.34m NOK
+8.5%
Equity
392.9k NOK 100.0k NOK
-74.5%
Cash
0 NOK 47.8k NOK
—
Total assets
3.93m NOK 4.01m NOK
+2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.16m NOK to 2.34m NOK (+8.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 0 NOK → 47.8k NOK (None YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 392.9k NOK → 100.0k NOK (equity ratio 10.0% → 2.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 674.6k NOK → 682.2k NOK (31% → 29% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 280.5k NOK → 381.4k NOK (+36.0% YoY). Calculated