Org.nr 982 409 705 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2011 vs 2010

Shrank 100% on revenue, cash halved-plus

approved 2012-04-12; registry 2012-05-08; journal 2012 365259

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET ARNTZEN AS. Revenue 226.47m NOK → 245.3k NOK (-99.9%). Net result +638.7k NOK → +680.3k NOK. Equity 108.6k NOK → 108.0k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ARNTZEN AS.

Scorecard

Revenue
226.47m NOK 245.3k NOK
-99.9%
Operating result
+115.71m NOK n/m
—
Net result
+638.7k NOK +680.3k NOK
+6.5%
Equity
108.6k NOK 108.0k NOK
-0.5%
Cash
40.27m NOK 15.60m NOK
-61.3%
Total assets
133.03m NOK 114.68m NOK
-13.8%

What improved

  • ↑

    Net result improved

    Net result +638.7k NOK → +680.3k NOK (net margin 0.3% → 277.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 226.47m NOK to 245.3k NOK (-99.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 40.27m NOK → 15.60m NOK (-61.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 83.75m NOK (0% → 34136% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (40.27m NOK → 15.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 327.0k NOK → 336 NOK. Reported fact