Org.nr 888 997 482 2009 → 2010 Year-over-year analysis

ADVOKAT FINN OVE SMITH AS: årsregnskap 2010 vs 2009

Shrank 33% on revenue

approved 2011-04-27; registry 2011-09-09; journal 2011 723641

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKAT FINN OVE SMITH AS. Revenue 5.36m NOK → 3.59m NOK (-33.1%). Equity 1.61m NOK → 1.58m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT FINN OVE SMITH AS.

At a glance

Revenue

5.36m NOK 3.59m NOK

-33.1%

Operating result

+1.93m NOK +609.6k NOK

-68.5%

Equity

1.61m NOK 1.58m NOK

-1.7%

Total assets

3.67m NOK 2.71m NOK

-26.2%

↑
Payroll decreased

Salary cost 1.93m NOK → 1.91m NOK (36% → 53% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.36m NOK to 3.59m NOK (-33.1% YoY). Calculated
↓
Operating result weakened

Operating result +1.93m NOK → +609.6k NOK (op. margin 36.0% → 17.0%). Calculated
↓
Equity eroded

Book equity 1.61m NOK → 1.58m NOK (equity ratio 43.7% → 58.2%). Calculated

·
COGS fell

COGS / varekostnad 599.0k NOK → 382.4k NOK (-36.2% YoY). Calculated