Org.nr 995 483 335 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET EUROJURIS HAUGESUND AS: årsregnskap 2011 vs 2010

Grew 12% on revenue, stronger earnings, fresh owner capital

approved 2012-05-10; registry 2012-05-19; journal 2012 378593

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET EUROJURIS HAUGESUND AS. Revenue 14.37m NOK → 16.11m NOK (+12.1%). Net result +1.14m NOK → +1.79m NOK. Equity 2.64m NOK → 3.68m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET EUROJURIS HAUGESUND AS.

Scorecard

Revenue
14.37m NOK 16.11m NOK
+12.1%
Operating result
+4.50m NOK +2.37m NOK
-47.5%
Net result
+1.14m NOK +1.79m NOK
+57.4%
Equity
2.64m NOK 3.68m NOK
+39.3%
Cash
1.09m NOK 1.70m NOK
+56.2%
Total assets
5.77m NOK 7.61m NOK
+31.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.37m NOK to 16.11m NOK (+12.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.14m NOK → +1.79m NOK (net margin 7.9% → 11.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.64m NOK → 3.68m NOK (equity ratio 45.8% → 48.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.09m NOK → 1.70m NOK (+56.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.50m NOK → 3.68m NOK (+2.17m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +4.50m NOK → +2.37m NOK (op. margin 31.3% → 14.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8 NOK → 10.38m NOK (0% → 64% of revenue). Calculated