ADVOKATFIRMAET BERGE AS: årsregnskap 2011 vs 2010
Grew 695% on revenue, cash halved-plus
approved 2012-08-03; registry 2012-08-06; journal 2012 586063
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET BERGE AS. Revenue 289.3k NOK → 2.30m NOK (+694.8%). Equity 318.3k NOK → 134.8k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 289.3k NOK to 2.30m NOK (+694.8% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.19m NOK → 704.0k NOK (411% → 31% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 318.3k NOK → 134.8k NOK (equity ratio 33.1% → 39.8%). Calculated
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↓
Cash fell
Bank deposits 179.6k NOK → 41.8k NOK (-76.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.16× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 60.7k NOK → 150.2k NOK (+147.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 209.9k NOK → 196.4k NOK. Reported fact