FirmaIQ
Org.nr 989 980 122 2009 → 2010 Year-over-year analysis

ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS: årsregnskap 2010 vs 2009

Grew 11% on revenue, stronger earnings

approved 2011-05-26; registry 2011-08-31; journal 2011 671357

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS. Revenue 2.45m NOK → 2.74m NOK (+11.5%). Net result +516.8k NOK → +976.9k NOK. Equity 1.64m NOK → 1.86m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.45m NOK 2.74m NOK
+11.5%
Operating result
+23.8k NOK +1.21m NOK
+4983.3%
Net result
+516.8k NOK +976.9k NOK
+89.0%
Equity
1.64m NOK 1.86m NOK
+13.9%
Total assets
2.23m NOK 2.60m NOK
+16.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.45m NOK to 2.74m NOK (+11.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +23.8k NOK → +1.21m NOK (op. margin 1.0% → 44.2%). Calculated

  • ↑

    Net result improved

    Net result +516.8k NOK → +976.9k NOK (net margin 21.1% → 35.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.64m NOK → 1.86m NOK (equity ratio 73.4% → 71.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.89m NOK → 960.9k NOK (118% → 35% of revenue). Calculated