FirmaIQ
Org.nr 991 556 664 2010 → 2011 Year-over-year analysis

ADVOKATENE HOVDE MNA AS: årsregnskap 2011 vs 2010

Weaker earnings

approved 2012-04-24; registry 2012-08-30; journal 2012 678630

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATENE HOVDE MNA AS. Revenue 3.61m NOK → 3.55m NOK (-1.6%). Net result +105.0k NOK → +63.3k NOK. Equity 569.5k NOK → 632.8k 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
3.61m NOK 3.55m NOK
-1.6%
Operating result
+188.3k NOK +115.8k NOK
-38.5%
Net result
+105.0k NOK +63.3k NOK
-39.7%
Equity
569.5k NOK 632.8k NOK
+11.1%
Cash
n/m 300.0k NOK
—
Total assets
2.61m NOK 1.87m NOK
-28.4%

What improved

  • ↑

    Equity strengthened

    Book equity 569.5k NOK → 632.8k NOK (equity ratio 21.8% → 33.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.61m NOK to 3.55m NOK (-1.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +188.3k NOK → +115.8k NOK (op. margin 5.2% → 3.3%). Calculated

  • ↓

    Net result weakened

    Net result +105.0k NOK → +63.3k NOK (net margin 2.9% → 1.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.85m NOK → 1.96m NOK (51% → 55% of revenue). Calculated