Org.nr 890 944 612 2010 → 2011 Year-over-year analysis

ADVOKAT WIIK JOHANSEN AS: årsregnskap 2011 vs 2010

Grew 25% on revenue, stronger earnings

approved 2012-04-26; registry 2012-05-02; journal 2012 356635

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKAT WIIK JOHANSEN AS. Revenue 1.60m NOK → 2.01m NOK (+25.4%). Net result +169.2k NOK → +234.7k NOK. Equity 74.2k NOK → 1.31m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT WIIK JOHANSEN AS.

Scorecard

Revenue
1.60m NOK 2.01m NOK
+25.4%
Operating result
+250.8k NOK +332.7k NOK
+32.7%
Net result
+169.2k NOK +234.7k NOK
+38.7%
Equity
74.2k NOK 1.31m NOK
+1665.1%
Cash
314.0k NOK 368.2k NOK
+17.3%
Total assets
1.62m NOK 1.84m NOK
+13.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.60m NOK to 2.01m NOK (+25.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +250.8k NOK → +332.7k NOK (op. margin 15.6% → 16.5%). Calculated

  • ↑

    Net result improved

    Net result +169.2k NOK → +234.7k NOK (net margin 10.5% → 11.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 74.2k NOK → 1.31m NOK (equity ratio 4.6% → 71.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 314.0k NOK → 368.2k NOK (+17.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 816.0k NOK → 1.04m NOK (51% → 51% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 658.1k NOK → 879.9k NOK. Reported fact