ADVOKATFIRMA WOLLAND AS: årsregnskap 2010 vs 2009
Stronger earnings, cash halved-plus
approved 2011-02-01; registry 2011-03-01; journal 2011 307497
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMA WOLLAND AS. Revenue 113.5k NOK → 113.5k NOK (0.0%). Net result -105.0k NOK → -66.4k NOK. Equity 2.89m NOK → 378.6k NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMA WOLLAND AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -105.0k NOK → -66.4k NOK (net margin -92.5% → -58.5%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 2.89m NOK → 378.6k NOK (equity ratio 323.5% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 152.2k NOK → 55.9k NOK (-63.2% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 1.00m NOK → 378.6k NOK — check capital reduction, conversion, or reclassification. Interpretation