FirmaIQ
Org.nr 884 665 582 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2011 vs 2010

Shrank 9% on revenue

approved 2012-03-26; registry 2012-08-25; journal 2012 649511

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 12.03m NOK → 10.92m NOK (-9.3%). Net result +2.86m NOK → +2.65m NOK. Equity 1.07m NOK → 6.82m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
12.03m NOK 10.92m NOK
-9.3%
Operating result
+3.90m NOK +3.62m NOK
-7.3%
Net result
+2.86m NOK +2.65m NOK
-7.1%
Equity
1.07m NOK 6.82m NOK
+538.7%
Cash
2.18m NOK 2.56m NOK
+17.5%
Total assets
10.19m NOK 8.17m NOK
-19.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.07m NOK → 6.82m NOK (equity ratio 10.5% → 83.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.18m NOK → 2.56m NOK (+17.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.28m NOK → 5.08m NOK (44% → 47% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.03m NOK to 10.92m NOK (-9.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.90m NOK → +3.62m NOK (op. margin 32.4% → 33.1%). Calculated

  • ↓

    Net result weakened

    Net result +2.86m NOK → +2.65m NOK (net margin 23.8% → 24.3%). Calculated