Org.nr 968 013 610 2009 → 2010 Year-over-year analysis

ADVOKATFIRMA VARJAG AS: årsregnskap 2010 vs 2009

Grew 42% on revenue

approved 2011-04-29; registry 2011-05-04; journal 2011 354042

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMA VARJAG AS. Revenue 4.31m NOK → 6.11m NOK (+41.8%). Equity 588.0k NOK → 460.8k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMA VARJAG AS.

Scorecard

Revenue
4.31m NOK 6.11m NOK
+41.8%
Equity
588.0k NOK 460.8k NOK
-21.6%
Cash
62.7k NOK 2.47m NOK
+3846.2%
Total assets
3.17m NOK 4.61m NOK
+45.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.31m NOK to 6.11m NOK (+41.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 62.7k NOK → 2.47m NOK (+3846.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 588.0k NOK → 460.8k NOK (equity ratio 18.5% → 10.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.03m NOK → 3.39m NOK (70% → 55% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 388.0k NOK → 462.8k NOK (+19.3% YoY). Calculated