ADVOKATENE LEIROS & OLSEN AS: årsregnskap 2010 vs 2009
Grew 28% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVOKATENE LEIROS & OLSEN AS. Revenue 5.79m NOK → 7.41m NOK (+28.1%). Net result +665.0k NOK → +427.5k NOK. Equity 857.1k NOK → 484.6k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE LEIROS & OLSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.79m NOK to 7.41m NOK (+28.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 200 NOK → 200.0k NOK (+199.8k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +875.3k NOK → +526.0k NOK (op. margin 15.1% → 7.1%). Calculated
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↓
Net result weakened
Net result +665.0k NOK → +427.5k NOK (net margin 11.5% → 5.8%). Calculated
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↓
Equity eroded
Book equity 857.1k NOK → 484.6k NOK (equity ratio 23.8% → 17.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 NOK → 4.70m NOK (0% → 63% of revenue). Calculated