ADVOKATFIRMA POLLAN THOWSEN AS: årsregnskap 2011 vs 2010
Stronger earnings
approved 2012-04-30; registry 2012-05-08; journal 2012 364393
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMA POLLAN THOWSEN AS. Revenue 813.5k NOK → 813.9k NOK (+0.0%). Net result -137.7k NOK → -96.9k NOK. Equity -11.1k NOK → -108.0k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA POLLAN THOWSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 813.5k NOK to 813.9k NOK (+0.0% YoY). Calculated
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↑
Net result improved
Net result -137.7k NOK → -96.9k NOK (net margin -16.9% → -11.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -13.4k NOK → -83.2k NOK (op. margin -1.6% → -10.2%). Calculated
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↓
Equity eroded
Book equity -11.1k NOK → -108.0k NOK (equity ratio -6.0% → -63.6%). Calculated
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↓
Cash fell
Bank deposits 28.8k NOK → 18.2k NOK (-36.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -63.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 438.7k NOK → 2.44m NOK (54% → 300% of revenue). Calculated