FirmaIQ
Org.nr 994 298 380 2010 → 2011 Year-over-year analysis

ADVOKATFIRMA MOEN ERIKSTEIN AS: årsregnskap 2011 vs 2010

Grew 41% on revenue, stronger earnings, cash halved-plus

approved 2012-04-26; registry 2012-05-02; journal 2012 356953

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMA MOEN ERIKSTEIN AS. Revenue 3.53m NOK → 4.97m NOK (+40.9%). Net result +1 038 NOK → +1.81m NOK. Equity 871.2k NOK → 682.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA MOEN ERIKSTEIN AS.

At a glance

Scorecard

Revenue
3.53m NOK 4.97m NOK
+40.9%
Operating result
+136.4k NOK +2.56m NOK
+1777.9%
Net result
+1 038 NOK +1.81m NOK
+174382.6%
Equity
871.2k NOK 682.4k NOK
-21.7%
Cash
841.7k NOK 284.1k NOK
-66.2%
Total assets
469.9k NOK 5.90m NOK
+1154.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.53m NOK to 4.97m NOK (+40.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +136.4k NOK → +2.56m NOK (op. margin 3.9% → 51.6%). Calculated

  • ↑

    Net result improved

    Net result +1 038 NOK → +1.81m NOK (net margin 0.0% → 36.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 871.2k NOK → 682.4k NOK (equity ratio 185.4% → 11.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 841.7k NOK → 284.1k NOK (-66.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.48m NOK → 1.51m NOK (42% → 30% of revenue). Calculated