ADVOKATFIRMA CAPRI AS: årsregnskap 2011 vs 2010
Grew 12% on revenue
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMA CAPRI AS. Revenue 2.69m NOK → 3.01m NOK (+11.7%). Equity 358.0k NOK → 159.8k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA CAPRI AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.69m NOK to 3.01m NOK (+11.7% YoY). Calculated
-
↑
Operating result improved
Operating result -415.5k NOK → +962.4k NOK (op. margin -15.4% → 32.0%). Calculated
-
↑
Cash rose
Bank deposits 343.8k NOK → 716.6k NOK (+108.4% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.50m NOK → 1.49m NOK (93% → 50% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 358.0k NOK → 159.8k NOK (equity ratio 26.3% → 7.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation