ADVOKAT OLE MORTEN HUSMO AS: årsregnskap 2011 vs 2010
Grew 25% on revenue, cash halved-plus
approved 2012-03-28; registry 2012-04-02; journal 2012 327168
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKAT OLE MORTEN HUSMO AS. Revenue 1.77m NOK → 2.21m NOK (+25.3%). Equity 272.3k NOK → 340.6k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT OLE MORTEN HUSMO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.77m NOK to 2.21m NOK (+25.3% YoY). Calculated
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↑
Equity strengthened
Book equity 272.3k NOK → 340.6k NOK (equity ratio 33.5% → 248.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +166.4k NOK → +32.6k NOK (op. margin 9.4% → 1.5%). Calculated
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↓
Cash fell
Bank deposits 140.1k NOK → 1 640 NOK (-98.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.02m NOK → 1.50m NOK (58% → 68% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 288.5k NOK → 513.5k NOK. Reported fact