Org.nr 984 984 375 2010 → 2011 Year-over-year analysis

ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2011 vs 2010

Shrank 12% on revenue, weaker earnings

approved 2012-04-20; registry 2012-04-25; journal 2012 349510

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 262.7k NOK → 231.9k NOK (-11.7%). Net result +34.2k NOK → +3 683 NOK. Equity 211.9k NOK → 215.6k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
262.7k NOK 231.9k NOK
-11.7%
Operating result
+103.1k NOK +5 398 NOK
-94.8%
Net result
+34.2k NOK +3 683 NOK
-89.2%
Equity
211.9k NOK 215.6k NOK
+1.7%
Cash
n/m 68.2k NOK
—
Total assets
283.3k NOK 263.8k NOK
-6.9%

What improved

  • ↑

    Equity strengthened

    Book equity 211.9k NOK → 215.6k NOK (equity ratio 74.8% → 81.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 262.7k NOK to 231.9k NOK (-11.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +103.1k NOK → +5 398 NOK (op. margin 39.2% → 2.3%). Calculated

  • ↓

    Net result weakened

    Net result +34.2k NOK → +3 683 NOK (net margin 13.0% → 1.6%). Calculated