ADVOKATFIRMA OLAFSEN AS: årsregnskap 2010 vs 2009
Shrank 8% on revenue, stronger earnings
approved 2011-04-27; registry 2011-05-14; journal 2011 361454
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMA OLAFSEN AS. Revenue 1.57m NOK → 1.44m NOK (-7.8%). Net result +4 063 NOK → +95.4k NOK. Equity 246.6k NOK → 247.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1.57m NOK
1.44m NOK
-7.8%
Operating result
-4 953 NOK
+129.9k NOK
+2722.0%
Net result
+4 063 NOK
+95.4k NOK
+2248.1%
Equity
246.6k NOK
247.0k NOK
+0.2%
Cash
268.0k NOK
481.2k NOK
+79.5%
Total assets
614.6k NOK
816.1k NOK
+32.8%
What improved
-
↑
Operating result improved
Operating result -4 953 NOK → +129.9k NOK (op. margin -0.3% → 9.0%). Calculated
-
↑
Net result improved
Net result +4 063 NOK → +95.4k NOK (net margin 0.3% → 6.6%). Calculated
-
↑
Cash rose
Bank deposits 268.0k NOK → 481.2k NOK (+79.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.57m NOK to 1.44m NOK (-7.8% YoY). Calculated