Org.nr 991 435 271 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET ALVER AS: årsregnskap 2011 vs 2010

Grew 34% on revenue

approved 2012-05-31; registry 2012-08-30; journal 2012 674083

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET ALVER AS. Revenue 13.19m NOK → 17.72m NOK (+34.3%). Equity 2.00m NOK → 1.76m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

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

Scorecard

Revenue
13.19m NOK 17.72m NOK
+34.3%
Operating result
+1.21m NOK +3.52m NOK
+191.5%
Equity
2.00m NOK 1.76m NOK
-11.9%
Cash
n/m 574.1k NOK
—
Total assets
9.65m NOK 10.07m NOK
+4.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.19m NOK to 17.72m NOK (+34.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.21m NOK → +3.52m NOK (op. margin 9.2% → 19.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.00m NOK → 1.76m NOK (equity ratio 20.7% → 17.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.31m NOK → 9.86m NOK (63% → 56% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.05m NOK → 39.3k NOK. Reported fact