Org.nr 992 851 171 2010 → 2011 Year-over-year analysis

ADVOKATENE BJØRBÆK AS: årsregnskap 2011 vs 2010

Returned to profit

approved 2012-04-24; registry 2012-05-15; journal 2012 376093

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATENE BJØRBÆK AS. Revenue 3.06m NOK → 3.21m NOK (+4.9%). Net result -207.6k NOK → +249.0k NOK. Equity -330.1k NOK → -81.1k NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATENE BJØRBÆK AS.

Scorecard

Revenue
3.06m NOK 3.21m NOK
+4.9%
Operating result
n/m +289.3k NOK
—
Net result
-207.6k NOK +249.0k NOK
+219.9%
Equity
-330.1k NOK -81.1k NOK
+75.4%
Cash
n/m 83.8k NOK
—
Total assets
534.0k NOK 535.9k NOK
+0.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.06m NOK to 3.21m NOK (+4.9% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 207.6k NOK to a profit of 249.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -330.1k NOK → -81.1k NOK (equity ratio -61.8% → -15.1%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.53× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 45.4k NOK → 70.8k NOK (+55.9% YoY). Calculated