ADVOKAT BERGESEN AS: årsregnskap 2011 vs 2010
Grew 265% on revenue, weaker earnings
approved 2012-02-23; registry 2012-08-22; journal 2012 638968
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKAT BERGESEN AS. Revenue 400.4k NOK → 1.46m NOK (+265.2%). Net result +285.3k NOK → +96.2k NOK. Equity 2.35m NOK → 3.38m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKAT BERGESEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 400.4k NOK to 1.46m NOK (+265.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.35m NOK → 3.38m NOK (equity ratio 79.9% → 92.7%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +406.7k NOK → +190.3k NOK (op. margin 101.6% → 13.0%). Calculated
-
↓
Net result weakened
Net result +285.3k NOK → +96.2k NOK (net margin 71.3% → 6.6%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 386.3k NOK → 438.0k NOK (96% → 30% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 70.8k NOK → 124.4k NOK (+75.7% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 181.4k NOK → 110.0k NOK. Reported fact