Org.nr 988 400 580 2009 → 2010 Year-over-year analysis

ADVOKAT PER KJETIL STAUTLAND AS: årsregnskap 2010 vs 2009

Shrank 12% on revenue, cash halved-plus

approved 2011-04-28; registry 2011-05-19; journal 2011 369978

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKAT PER KJETIL STAUTLAND AS. Revenue 2.52m NOK → 2.21m NOK (-12.1%).

On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT PER KJETIL STAUTLAND AS.

At a glance

Revenue

2.52m NOK 2.21m NOK

-12.1%

Operating result

+934.1k NOK +526.4k NOK

-43.7%

Net result

n/m +366.9k NOK

—

Equity

n/m 1.88m NOK

—

Cash

416.9k NOK 85.4k NOK

-79.5%

Total assets

n/m 2.95m NOK

—

↑
Current ratio back above 1×

Current ratio 0.60× → 4.84×. Calculated
↑
Payroll decreased

Salary cost 6.11m NOK → 1.27m NOK (243% → 58% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.52m NOK to 2.21m NOK (-12.1% YoY). Calculated
↓
Operating result weakened

Operating result +934.1k NOK → +526.4k NOK (op. margin 37.1% → 23.8%). Calculated
↓
Cash fell

Bank deposits 416.9k NOK → 85.4k NOK (-79.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 8 306 NOK → 306.0k NOK. Reported fact