ADVOKATHUSET BREIVIK AS: årsregnskap 2013 vs 2012
Shrank 19% on revenue, weaker earnings
approved 2014-04-29; registry 2014-05-07; journal 2014 381753
Summary
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.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.57m NOK to 2.09m NOK (-18.5% YoY). Calculated
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Operating result weakened
Operating result +216.5k NOK → -178.5k NOK (op. margin 8.4% → -8.5%). Calculated
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↓
Net result weakened
Net result -116.1k NOK → -132.35bn NOK (net margin -4.5% → -6332176.4%). Calculated
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↓
Equity eroded
Book equity 132.6k NOK → 262 NOK (equity ratio 18.0% → 0.0%). Calculated
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Cash fell
Bank deposits 494.1k NOK → 369.5k NOK (-25.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation