Org.nr 951 336 637 2010 → 2011 Year-over-year analysis

ADVOKAT EVEN RØNVIK AS: årsregnskap 2011 vs 2010

Shrank 12% on revenue

approved 2012-04-30; registry 2012-08-18; journal 2012 616467

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKAT EVEN RØNVIK AS. Revenue 5.00m NOK → 4.42m NOK (-11.6%). Equity 8.26m NOK → 10.01m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Net tougher year on the published lines.

At a glance

Revenue

5.00m NOK 4.42m NOK

-11.6%

Operating result

+2.63m NOK +2.02m NOK

-23.0%

Equity

8.26m NOK 10.01m NOK

+21.2%

Cash

n/m 9.13m NOK

—

Total assets

9.57m NOK 11.37m NOK

+18.8%

↑
Equity strengthened

Book equity 8.26m NOK → 10.01m NOK (equity ratio 86.2% → 88.0%). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.00m NOK to 4.42m NOK (-11.6% YoY). Calculated
↓
Operating result weakened

Operating result +2.63m NOK → +2.02m NOK (op. margin 52.6% → 45.8%). Calculated
↓
Payroll up without matching revenue

Salary cost 3.12m NOK → 3.17m NOK (63% → 72% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 17.4k NOK → 25.9k NOK (+49.1% YoY). Calculated