Org.nr 959 458 944 2009 → 2010 Year-over-year analysis

ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2010 vs 2009

Shrank 39% on revenue

approved 2011-03-25; registry 2011-03-30; journal 2011 323238

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 1.42m NOK → 865.8k NOK (-39.1%). Equity 902.8k NOK → 254.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADVOKAT BJØRN SOLTVEDT AS.

At a glance

Revenue

1.42m NOK 865.8k NOK

-39.1%

Operating result

+205.6k NOK +136.8k NOK

-33.5%

Net result

n/m +202.1k NOK

—

Equity

902.8k NOK 254.9k NOK

-71.8%

Total assets

1.21m NOK 433.1k NOK

-64.2%

↑
Payroll decreased

Salary cost 639.8k NOK → 575.1k NOK (45% → 66% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.42m NOK to 865.8k NOK (-39.1% YoY). Calculated
↓
Operating result weakened

Operating result +205.6k NOK → +136.8k NOK (op. margin 14.5% → 15.8%). Calculated
↓
Equity eroded

Book equity 902.8k NOK → 254.9k NOK (equity ratio 74.7% → 58.8%). Calculated

·
Paid-in equity reduced

Paid-in equity fell 950.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 130.4k NOK → -38.6k NOK (-129.6% YoY). Calculated