ADVOKATFIRMA VARJAG AS: årsregnskap 2011 vs 2010
Shrank 9% on revenue
approved 2012-04-18; registry 2012-04-23; journal 2012 344535
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMA VARJAG AS. Revenue 6.11m NOK → 5.58m NOK (-8.7%). Equity 460.8k NOK → 138.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA VARJAG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.39m NOK → 1 NOK (55% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.11m NOK to 5.58m NOK (-8.7% YoY). Calculated
-
↓
Equity eroded
Book equity 460.8k NOK → 138.4k NOK. Calculated
-
↓
Cash fell
Bank deposits 2.47m NOK → 1.50m NOK (-39.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.11× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 462.8k NOK → 416.3k NOK (-10.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 16.0k NOK → 429.0k NOK. Reported fact