Org.nr 991 435 271 2009 → 2010 Year-over-year analysis

ADVOKATFIRMAET ALVER AS: årsregnskap 2010 vs 2009

Shrank 6% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET ALVER AS. Revenue 14.04m NOK → 13.19m NOK (-6.0%). Equity 2.03m NOK → 2.00m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ALVER AS.

Scorecard

Revenue
14.04m NOK 13.19m NOK
-6.0%
Operating result
+2.40m NOK +1.21m NOK
-49.7%
Equity
2.03m NOK 2.00m NOK
-1.4%
Total assets
9.84m NOK 9.65m NOK
-1.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.04m NOK to 13.19m NOK (-6.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.40m NOK → +1.21m NOK (op. margin 17.1% → 9.2%). Calculated

  • ↓

    Equity eroded

    Book equity 2.03m NOK → 2.00m NOK (equity ratio 20.6% → 20.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 009 NOK → 8.31m NOK (0% → 63% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.38m NOK → 1.05m NOK. Reported fact