Org.nr 989 228 226 2010 → 2011 Year-over-year analysis

ADVOKAT TORE SVEEN AS: årsregnskap 2011 vs 2010

Grew 28% on revenue, fresh owner capital

approved 2012-05-25; registry 2012-08-13; journal 2012 600643

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKAT TORE SVEEN AS. Revenue 2.29m NOK → 2.94m NOK (+28.5%). Equity 384.3k NOK → 2.85m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

At a glance

Revenue

2.29m NOK 2.94m NOK

+28.5%

Operating result

n/m +989.4k NOK

—

Net result

n/m +465.0k NOK

—

Equity

384.3k NOK 2.85m NOK

+641.4%

Cash

321.3k NOK 361.3k NOK

+12.4%

Total assets

446.8k NOK 9.17m NOK

+1953.1%

↑
Revenue rose

Operating income / revenue moved from 2.29m NOK to 2.94m NOK (+28.5% YoY). Calculated
↑
Equity strengthened

Book equity 384.3k NOK → 2.85m NOK (equity ratio 86.0% → 31.1%). Calculated
↑
Cash rose

Bank deposits 321.3k NOK → 361.3k NOK (+12.4% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.96× → 4.12×. Calculated
↑
Owners injected capital

Paid-in equity rose 560.5k NOK → 1.56m NOK (+1.00m NOK). Reported fact