FirmaIQ
Org.nr 995 300 370 2009 → 2010 Year-over-year analysis

ADVOKAT WENCHE LØSET AS: årsregnskap 2010 vs 2009

Weaker earnings

approved 2011-01-24; registry 2011-09-12; journal 2011 752913

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKAT WENCHE LØSET AS. Revenue 1.38m NOK → 1.36m NOK (-1.5%). Net result +658.5k NOK → +186.4k NOK. Equity 100.0k NOK → 286.4k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.38m NOK 1.36m NOK
-1.5%
Operating result
+646.4k NOK +251.3k NOK
-61.1%
Net result
+658.5k NOK +186.4k NOK
-71.7%
Equity
100.0k NOK 286.4k NOK
+186.4%
Cash
313.2k NOK 307.5k NOK
-1.8%
Total assets
440.4k NOK 532.0k NOK
+20.8%

What improved

  • ↑

    Equity strengthened

    Book equity 100.0k NOK → 286.4k NOK (equity ratio 22.7% → 53.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.38m NOK to 1.36m NOK (-1.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +646.4k NOK → +251.3k NOK (op. margin 47.0% → 18.5%). Calculated

  • ↓

    Net result weakened

    Net result +658.5k NOK → +186.4k NOK (net margin 47.9% → 13.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 313.2k NOK → 307.5k NOK (-1.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 243.0k NOK → 729.8k NOK (18% → 54% of revenue). Calculated