Org.nr 990 573 603 2010 → 2011 Year-over-year analysis

ADVOKAT MAGNHILD MERINGEN AS: årsregnskap 2011 vs 2010

Grew 122% on revenue, weaker earnings

approved 2012-04-30; registry 2012-06-18; journal 2012 436213

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKAT MAGNHILD MERINGEN AS. Revenue 712.8k NOK → 1.59m NOK (+122.4%). Net result +304.9k NOK → +207.0k NOK. Equity 700.5k NOK → 707.5k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT MAGNHILD MERINGEN AS.

Scorecard

Revenue
712.8k NOK 1.59m NOK
+122.4%
Operating result
+415.3k NOK +279.2k NOK
-32.8%
Net result
+304.9k NOK +207.0k NOK
-32.1%
Equity
700.5k NOK 707.5k NOK
+1.0%
Cash
n/m 225.5k NOK
—
Total assets
314.1k NOK 1.22m NOK
+288.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 712.8k NOK to 1.59m NOK (+122.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 700.5k NOK → 707.5k NOK (equity ratio 223.1% → 58.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 827.2k NOK → 2 011 NOK (116% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +415.3k NOK → +279.2k NOK (op. margin 58.3% → 17.6%). Calculated

  • ↓

    Net result weakened

    Net result +304.9k NOK → +207.0k NOK (net margin 42.8% → 13.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.5k NOK → 2 781 NOK (-77.7% YoY). Calculated