Org.nr 987 902 248 2009 → 2010 Year-over-year analysis

ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2010 vs 2009

Grew 23% on revenue, cash halved-plus

approved 2011-04-15; registry 2011-08-17; journal 2011 595893

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 4.04m NOK → 4.95m NOK (+22.7%). Equity 2.29m NOK → 2.32m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA HOLTHE & CO AS.

Scorecard

Revenue
4.04m NOK 4.95m NOK
+22.7%
Operating result
+703.6k NOK n/m
—
Equity
2.29m NOK 2.32m NOK
+1.2%
Cash
956.2k NOK 422.8k NOK
-55.8%
Total assets
3.66m NOK 4.90m NOK
+33.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.04m NOK to 4.95m NOK (+22.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.29m NOK → 2.32m NOK (equity ratio 62.6% → 47.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 956.2k NOK → 422.8k NOK (-55.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.70m NOK → 1.94m NOK (42% → 39% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 66.0k NOK → 156.2k NOK (+136.8% YoY). Calculated