ADVOKATFIRMAET BAHUS AS: årsregnskap 2011 vs 2010
Grew 22% on revenue, returned to profit
approved 2012-05-04; registry 2012-07-03; journal 2012 492117
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET BAHUS AS. Revenue 1.71m NOK → 2.09m NOK (+21.8%). Net result -95.0k NOK → +148.3k NOK. Equity 328.3k NOK → 376.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAHUS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.71m NOK to 2.09m NOK (+21.8% YoY). Calculated
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Operating result improved
Operating result -76.6k NOK → +170.8k NOK (op. margin -4.5% → 8.2%). Calculated
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Turned profitable
Net result flipped from a loss of 95.0k NOK to a profit of 148.3k NOK. Calculated
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Equity strengthened
Book equity 328.3k NOK → 376.7k NOK (equity ratio 125.3% → 26.5%). Calculated
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Payroll decreased
Salary cost 4.30m NOK → 425.9k NOK (251% → 20% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 433.5k NOK → 326.6k NOK (-24.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.62× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 19.8k NOK → 0 NOK. Reported fact