ADVOKATFIRMAET ÅKE SJØBERG AS: årsregnskap 2011 vs 2010
Shrank 31% on revenue, weaker earnings
approved 2012-04-27; registry 2012-05-02; journal 2012 357181
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET ÅKE SJØBERG AS. Revenue 3.87m NOK → 2.67m NOK (-31.2%). Net result +992.3k NOK → +96.5k NOK. Equity 5.46m NOK → 6.55m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ÅKE SJØBERG AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 5.46m NOK → 6.55m NOK (equity ratio 79.3% → 86.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.87m NOK to 2.67m NOK (-31.2% YoY). Calculated
-
↓
Net result weakened
Net result +992.3k NOK → +96.5k NOK (net margin 25.6% → 3.6%). Calculated
-
↓
Cash fell
Bank deposits 498.9k NOK → 365.4k NOK (-26.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.56× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 1.48m NOK → 1.91m NOK (38% → 72% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 381.4k NOK → 184.0k NOK (-51.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5.13m NOK → 4.78m NOK. Reported fact