ADVOKAT AS: årsregnskap 2011 vs 2010
Cash halved-plus
approved 2012-03-15; registry 2012-04-02; journal 2012 326838
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKAT AS. Revenue 1.51m NOK → 1.53m NOK (+1.4%). Equity 485.1k NOK → 957.5k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.51m NOK to 1.53m NOK (+1.4% YoY). Calculated
-
↑
Equity strengthened
Book equity 485.1k NOK → 957.5k NOK (equity ratio 50.0% → 216.5%). Calculated
-
↑
Payroll decreased
Salary cost 1.85m NOK → 1 NOK (123% → 0% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 525.0k NOK → 89.7k NOK (-82.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.01× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated