Org.nr 989 480 669 2010 → 2011 Year-over-year analysis

ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2011 vs 2010

Grew 21% on revenue

approved 2012-04-27; registry 2012-05-21; journal 2012 379065

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 120.8k NOK → 145.6k NOK (+20.6%). Equity 96.3k NOK → 82.2k NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA BJØRN H. LARSEN AS.

Scorecard

Revenue
120.8k NOK 145.6k NOK
+20.6%
Operating result
-117.1k NOK +15.3k NOK
+113.1%
Net result
n/m -14.2k NOK
—
Equity
96.3k NOK 82.2k NOK
-14.7%
Cash
n/m 40.3k NOK
—
Total assets
522.8k NOK 517.1k NOK
-1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 120.8k NOK to 145.6k NOK (+20.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -117.1k NOK → +15.3k NOK (op. margin -97.0% → 10.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 756.2k NOK → 667.0k NOK (626% → 458% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 96.3k NOK → 82.2k NOK (equity ratio 18.4% → 15.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 28.9k NOK → -18.2k NOK (-163.1% YoY). Calculated