Org.nr 985 567 247 2009 → 2010 Year-over-year analysis

ADVOKAT HANS HENRIK PETTERSEN AS: årsregnskap 2010 vs 2009

Weaker earnings

approved 2011-04-05; registry 2011-06-11; journal 2011 397019

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKAT HANS HENRIK PETTERSEN AS. Net result -6 894 NOK → -179.0k NOK. Equity 146.6k NOK → -32.4k NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKAT HANS HENRIK PETTERSEN AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-12.5k NOK -9 893 NOK
+21.0%
Net result
-6 894 NOK -179.0k NOK
-2497.0%
Equity
146.6k NOK -32.4k NOK
-122.1%
Cash
110.2k NOK 100.9k NOK
-8.5%
Total assets
360.6k NOK 176.3k NOK
-51.1%

What improved

  • ↑

    Operating result improved

    Operating result -12.5k NOK → -9 893 NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -6 894 NOK → -179.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 146.6k NOK → -32.4k NOK (equity ratio 40.7% → -18.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 110.2k NOK → 100.9k NOK (-8.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -18.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 250.0k NOK → 75.0k NOK. Reported fact