FirmaIQ
Org.nr 992 404 604 2011 → 2012 Year-over-year analysis

ADVOKATHUSET HORTEN AS: årsregnskap 2012 vs 2011

Grew 6% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ADVOKATHUSET HORTEN AS. Revenue 4.71m NOK → 4.98m NOK (+5.9%). Net result +692 NOK → +948.0k NOK. Equity 1.14m NOK → 200.0k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
4.71m NOK 4.98m NOK
+5.9%
Operating result
+980.0k NOK +319.9k NOK
-67.4%
Net result
+692 NOK +948.0k NOK
+136891.3%
Equity
1.14m NOK 200.0k NOK
-82.4%
Cash
1.32m NOK 831.6k NOK
-37.1%
Total assets
n/m 2.19m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.71m NOK to 4.98m NOK (+5.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +692 NOK → +948.0k NOK (net margin 0.0% → 19.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +980.0k NOK → +319.9k NOK (op. margin 20.8% → 6.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.14m NOK → 200.0k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1.32m NOK → 831.6k NOK (-37.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation