Org.nr 989 187 562 2010 → 2011 Year-over-year analysis

ADVOKAT JØRN EIKANGER AS: årsregnskap 2011 vs 2010

Grew 22% on revenue

approved 2012-02-23; registry 2012-02-27; journal 2012 305980

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKAT JØRN EIKANGER AS. Revenue 2.44m NOK → 2.98m NOK (+22.2%). Equity 190.4k NOK → 183.8k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT JØRN EIKANGER AS.

At a glance

Revenue

2.44m NOK 2.98m NOK

+22.2%

Operating result

+124.1k NOK +1.47m NOK

+1085.2%

Equity

190.4k NOK 183.8k NOK

-3.5%

Cash

n/m 1.19m NOK

—

Total assets

1.55m NOK 1.87m NOK

+20.5%

↑
Revenue rose

Operating income / revenue moved from 2.44m NOK to 2.98m NOK (+22.2% YoY). Calculated
↑
Operating result improved

Operating result +124.1k NOK → +1.47m NOK (op. margin 5.1% → 49.4%). Calculated

↓
Equity eroded

Book equity 190.4k NOK → 183.8k NOK (equity ratio 12.3% → 9.8%). Calculated

·
Thin equity buffer

Equity ratio is 9.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 731.2k NOK → 741.8k NOK (30% → 25% of revenue). Calculated