FirmaIQ
Org.nr 992 700 785 2010 → 2011 Year-over-year analysis

ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2011 vs 2010

Stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 1.82m NOK → 1.88m NOK (+3.0%). Net result +43.8k NOK → +66.2k NOK. Equity 604.2k NOK → 666.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.82m NOK 1.88m NOK
+3.0%
Operating result
+39.5k NOK +80.0k NOK
+102.7%
Net result
+43.8k NOK +66.2k NOK
+51.1%
Equity
604.2k NOK 666.7k NOK
+10.4%
Cash
48.4k NOK 55.1k NOK
+13.9%
Total assets
923.2k NOK 68.2k NOK
-92.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.82m NOK to 1.88m NOK (+3.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +39.5k NOK → +80.0k NOK (op. margin 2.2% → 4.3%). Calculated

  • ↑

    Net result improved

    Net result +43.8k NOK → +66.2k NOK (net margin 2.4% → 3.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 604.2k NOK → 666.7k NOK (equity ratio 65.4% → 977.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 48.4k NOK → 55.1k NOK (+13.9% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.47× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated