FirmaIQ
Org.nr 981 459 326 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET BULL AS: årsregnskap 2011 vs 2010

Grew 32% on revenue, weaker earnings

approved 2012-06-19; registry 2012-06-28; journal 2012 473973

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET BULL AS. Revenue 48.65m NOK → 64.17m NOK (+31.9%). Net result +827.9k NOK → +119.2k NOK. Equity 3.08m NOK → 3.20m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET BULL AS.

At a glance

Scorecard

Revenue
48.65m NOK 64.17m NOK
+31.9%
Operating result
+10.69m NOK n/m
—
Net result
+827.9k NOK +119.2k NOK
-85.6%
Equity
3.08m NOK 3.20m NOK
+3.9%
Cash
n/m 1.19m NOK
—
Total assets
26.43m NOK 32.00m NOK
+21.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.65m NOK to 64.17m NOK (+31.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.08m NOK → 3.20m NOK (equity ratio 11.6% → 10.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +827.9k NOK → +119.2k NOK (net margin 1.7% → 0.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 10.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation