FirmaIQ
Org.nr 992 404 604 2012 → 2013 Year-over-year analysis

ADVOKATHUSET HORTEN AS: årsregnskap 2013 vs 2012

Shrank 13% on revenue, weaker earnings, cash halved-plus

approved 2014-01-23; registry 2014-03-17; journal 2014 320964

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVOKATHUSET HORTEN AS. Revenue 4.98m NOK → 4.34m NOK (-12.9%). Net result +948.0k NOK → +721.8k NOK. Equity 200.0k NOK → 1.20m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.98m NOK 4.34m NOK
-12.9%
Operating result
+319.9k NOK +933.6k NOK
+191.9%
Net result
+948.0k NOK +721.8k NOK
-23.9%
Equity
200.0k NOK 1.20m NOK
+500.0%
Cash
831.6k NOK 376.3k NOK
-54.7%
Total assets
2.19m NOK 2.67m NOK
+22.0%

What improved

  • ↑

    Operating result improved

    Operating result +319.9k NOK → +933.6k NOK (op. margin 6.4% → 21.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 200.0k NOK → 1.20m NOK (equity ratio 9.1% → 44.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.98m NOK to 4.34m NOK (-12.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +948.0k NOK → +721.8k NOK (net margin 19.0% → 16.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 831.6k NOK → 376.3k NOK (-54.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5 NOK → 2.49m NOK (0% → 57% of revenue). Calculated