ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2011 vs 2010
Shrank 41% on revenue, weaker earnings
approved 2012-04-25; registry 2012-04-28; journal 2012 354202
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 865.8k NOK → 509.3k NOK (-41.2%). Net result +202.1k NOK → +146.0k NOK. Equity 254.9k NOK → 400.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 254.9k NOK → 400.9k NOK (equity ratio 58.8% → 57.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 865.8k NOK to 509.3k NOK (-41.2% YoY). Calculated
-
↓
Net result weakened
Net result +202.1k NOK → +146.0k NOK (net margin 23.3% → 28.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 575.1k NOK → 920.9k NOK (66% → 181% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad -38.6k NOK → 37.0k NOK (+195.9% YoY). Calculated