ADVOKATFIRMAET WULFF AS: årsregnskap 2012 vs 2011
Grew 87% on revenue
approved 2013-04-29; registry 2013-09-17; journal 2013 820298
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET WULFF AS. Revenue 1.99m NOK → 3.73m NOK (+87.2%). Equity 726.2k NOK → 165.7k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET WULFF AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.99m NOK to 3.73m NOK (+87.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 726.2k NOK → 165.7k NOK (equity ratio 22.7% → 1.7%). Calculated
-
↓
Cash fell
Bank deposits 298.9k NOK → 244.4k NOK (-18.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 119.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 983.7k NOK → 1.45m NOK (49% → 39% of revenue). Calculated