ADVOKATFIRMA SEKSE & CO. AS: årsregnskap 2011 vs 2010
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMA SEKSE & CO. AS. Revenue 17.28m NOK → 16.49m NOK (-4.6%). Equity 968.4k NOK → 984.0k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
17.28m NOK
16.49m NOK
-4.6%
Operating result
+2.71m NOK
+2.57m NOK
-5.2%
Equity
968.4k NOK
984.0k NOK
+1.6%
Total assets
9.46m NOK
9.84m NOK
+4.0%
What improved
-
↑
Equity strengthened
Book equity 968.4k NOK → 984.0k NOK (equity ratio 10.2% → 10.0%). Calculated
-
↑
Payroll decreased
Salary cost 5.37m NOK → 1.43m NOK (31% → 9% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 17.28m NOK to 16.49m NOK (-4.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.71m NOK → +2.57m NOK (op. margin 15.7% → 15.6%). Calculated
-
↓
COGS moved
COGS / varekostnad 27.5k NOK → 46.3k NOK (+68.2% YoY). Calculated