Org.nr 977 309 786 2010 → 2011 Year-over-year analysis

ADVOKAT, REVISOR RISHOVD AS: årsregnskap 2011 vs 2010

Grew 425% on revenue, stronger earnings

approved 2012-03-31; registry 2012-06-27; journal 2012 471407

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKAT, REVISOR RISHOVD AS. Revenue 102.6k NOK → 539.0k NOK (+425.1%). Net result +69.4k NOK → +142.4k NOK. Equity 944.8k NOK → 87.3k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT, REVISOR RISHOVD AS.

Scorecard

Revenue
102.6k NOK 539.0k NOK
+425.1%
Net result
+69.4k NOK +142.4k NOK
+105.1%
Equity
944.8k NOK 87.3k NOK
-90.8%
Cash
1.21m NOK 945.0k NOK
-22.0%
Total assets
1.32m NOK 1.14m NOK
-13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 102.6k NOK to 539.0k NOK (+425.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +69.4k NOK → +142.4k NOK (net margin 67.6% → 26.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 944.8k NOK → 87.3k NOK (equity ratio 71.4% → 7.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.21m NOK → 945.0k NOK (-22.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation