Org.nr 977 107 326 2009 → 2010 Year-over-year analysis

ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2010 vs 2009

Grew 124% on revenue

approved 2011-04-30; registry 2011-09-09; journal 2011 723279

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 956.7k NOK → 2.15m NOK (+124.2%). Equity -746.8k NOK → -232.5k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA ARE JOHNSEN AS.

Scorecard

Revenue
956.7k NOK 2.15m NOK
+124.2%
Operating result
+127.1k NOK +356.5k NOK
+180.4%
Net result
+44.3k NOK n/m
—
Equity
-746.8k NOK -232.5k NOK
+68.9%
Cash
152.2k NOK 115.2k NOK
-24.3%
Total assets
1.15m NOK 1.11m NOK
-2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 956.7k NOK to 2.15m NOK (+124.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +127.1k NOK → +356.5k NOK (op. margin 13.3% → 16.6%). Calculated

  • ↑

    Equity strengthened

    Book equity -746.8k NOK → -232.5k NOK (equity ratio -65.1% → -20.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 152.2k NOK → 115.2k NOK (-24.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 505.0k NOK → 805 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1.02m NOK → 3.00m NOK (106% → 140% of revenue). Calculated