Org.nr 988 186 678 2009 → 2010 Year-over-year analysis

ADVOKATFIRMA EUROJURIS NORD AS: årsregnskap 2010 vs 2009

Cash halved-plus

approved 2011-04-26; registry 2011-05-03; journal 2011 351150

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMA EUROJURIS NORD AS. Revenue 3.13m NOK → 3.02m NOK (-3.5%). Equity 1.53m NOK → 1.31m NOK.

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

Net tougher year on the published lines.

At a glance

Revenue

3.13m NOK 3.02m NOK

-3.5%

Operating result

+353.5k NOK +30.9k NOK

-91.3%

Equity

1.53m NOK 1.31m NOK

-14.8%

Cash

806.5k NOK 247.2k NOK

-69.3%

Total assets

2.23m NOK 2.23m NOK

+0.1%

↑
Payroll decreased

Salary cost 1.73m NOK → 1.66m NOK (55% → 55% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.13m NOK to 3.02m NOK (-3.5% YoY). Calculated
↓
Operating result weakened

Operating result +353.5k NOK → +30.9k NOK (op. margin 11.3% → 1.0%). Calculated
↓
Equity eroded

Book equity 1.53m NOK → 1.31m NOK (equity ratio 68.6% → 58.4%). Calculated
↓
Cash fell

Bank deposits 806.5k NOK → 247.2k NOK (-69.3% YoY). Calculated