FirmaIQ
Org.nr 987 675 799 2009 → 2010 Year-over-year analysis

ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2010 vs 2009

Weaker earnings

approved 2011-06-06; registry 2011-08-31; journal 2011 669447

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 15.61m NOK → 15.39m NOK (-1.4%). Net result +194.8k NOK → +5 NOK. Equity 604.2k NOK → 390.1k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE CHRISTIAN WIIG & CO AS.

At a glance

Scorecard

Revenue
15.61m NOK 15.39m NOK
-1.4%
Operating result
+343.0k NOK n/m
—
Net result
+194.8k NOK +5 NOK
-100.0%
Equity
604.2k NOK 390.1k NOK
-35.4%
Cash
2.19m NOK 2.89m NOK
+31.9%
Total assets
5.60m NOK 6.13m NOK
+9.5%

What improved

  • ↑

    Cash rose

    Bank deposits 2.19m NOK → 2.89m NOK (+31.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.61m NOK to 15.39m NOK (-1.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +194.8k NOK → +5 NOK (net margin 1.2% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 604.2k NOK → 390.1k NOK (equity ratio 10.8% → 6.4%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 379.4k NOK → 444.3k NOK (+17.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation