Org.nr 987 902 248 2010 → 2011 Year-over-year analysis

ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2011 vs 2010

Shrank 42% on revenue

approved 2012-05-20; registry 2012-08-06; journal 2012 585483

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 4.95m NOK → 2.87m NOK (-42.1%). Equity 2.32m NOK → 1.99m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

4.95m NOK 2.87m NOK

-42.1%

Net result

n/m +173.2k NOK

—

Equity

2.32m NOK 1.99m NOK

-14.1%

Cash

422.8k NOK 824.5k NOK

+95.0%

Total assets

4.90m NOK 3.03m NOK

-38.1%

↑
Cash rose

Bank deposits 422.8k NOK → 824.5k NOK (+95.0% YoY). Calculated
↑
Payroll decreased

Salary cost 1.94m NOK → 1.84m NOK (39% → 64% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.95m NOK to 2.87m NOK (-42.1% YoY). Calculated
↓
Equity eroded

Book equity 2.32m NOK → 1.99m NOK (equity ratio 47.3% → 65.7%). Calculated