Org.nr 995 267 705 2010 → 2011 Year-over-year analysis

ADVOKAT LARS HAUGEN AS: årsregnskap 2011 vs 2010

Grew 70822% on revenue, fresh owner capital

approved 2012-04-30; registry 2012-05-05; journal 2012 360007

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKAT LARS HAUGEN AS. Revenue 1 946 NOK → 1.38m NOK (+70821.8%). Equity 228.9k NOK → 320.6k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT LARS HAUGEN AS.

Scorecard

Revenue
1 946 NOK 1.38m NOK
+70821.8%
Operating result
+194.9k NOK n/m
—
Equity
228.9k NOK 320.6k NOK
+40.1%
Cash
438 NOK 292.0k NOK
+66575.8%
Total assets
676.8k NOK 840.9k NOK
+24.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 946 NOK to 1.38m NOK (+70821.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 228.9k NOK → 320.6k NOK (equity ratio 33.8% → 38.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 438 NOK → 292.0k NOK (+66575.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3 100 NOK → 100.0k NOK (+96.9k NOK). Reported fact

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.51× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 435 NOK → 681.8k NOK (125% → 49% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1 725 NOK → 12.3k NOK (+611.8% YoY). Calculated