ADVOKATFIRMAET ANGELSHAUG & CO AS: årsregnskap 2010 vs 2009
Grew 50% on revenue, stronger earnings
approved 2011-04-13; registry 2011-04-27; journal 2011 345480
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET ANGELSHAUG & CO AS. Revenue 3.99m NOK → 5.98m NOK (+49.9%). Net result +120.5k NOK → +263.8k NOK. Equity 271.4k NOK → 375.2k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANGELSHAUG & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.99m NOK to 5.98m NOK (+49.9% YoY). Calculated
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↑
Net result improved
Net result +120.5k NOK → +263.8k NOK (net margin 3.0% → 4.4%). Calculated
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↑
Equity strengthened
Book equity 271.4k NOK → 375.2k NOK (equity ratio 13.8% → 15.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.09m NOK → 3.61m NOK (52% → 60% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 650.0k NOK → 528.9k NOK (-18.6% YoY). Calculated