Org.nr 992 564 342 2012 → 2013 Year-over-year analysis

ADVOKATHUSET BREIVIK AS: årsregnskap 2013 vs 2012

Shrank 19% on revenue, weaker earnings

approved 2014-04-29; registry 2014-05-07; journal 2014 381753

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATHUSET BREIVIK AS. Revenue 2.57m NOK → 2.09m NOK (-18.5%). Net result -116.1k NOK → -132.35bn NOK. Equity 132.6k NOK → 262 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATHUSET BREIVIK AS.

Scorecard

Revenue
2.57m NOK 2.09m NOK
-18.5%
Operating result
+216.5k NOK -178.5k NOK
-182.4%
Net result
-116.1k NOK -132.35bn NOK
-114040404.3%
Equity
132.6k NOK 262 NOK
-99.8%
Cash
494.1k NOK 369.5k NOK
-25.2%
Total assets
738.2k NOK 765.7k NOK
+3.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.57m NOK to 2.09m NOK (-18.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +216.5k NOK → -178.5k NOK (op. margin 8.4% → -8.5%). Calculated

  • ↓

    Net result weakened

    Net result -116.1k NOK → -132.35bn NOK (net margin -4.5% → -6332176.4%). Calculated

  • ↓

    Equity eroded

    Book equity 132.6k NOK → 262 NOK (equity ratio 18.0% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 494.1k NOK → 369.5k NOK (-25.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation