FirmaIQ
Org.nr 989 980 122 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS: årsregnskap 2011 vs 2010

Shrank 25% on revenue, weaker earnings

approved 2012-06-01; registry 2012-09-01; journal 2012 684852

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS. Revenue 2.74m NOK → 2.06m NOK (-24.5%). Net result +976.9k NOK → +449.1k NOK. Equity 1.86m NOK → 1.86m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.74m NOK 2.06m NOK
-24.5%
Operating result
+1.21m NOK +731.6k NOK
-39.6%
Net result
+976.9k NOK +449.1k NOK
-54.0%
Equity
1.86m NOK 1.86m NOK
-0.0%
Cash
n/m 777.8k NOK
—
Total assets
2.60m NOK 2.37m NOK
-9.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 960.9k NOK → 770.2k NOK (35% → 37% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.74m NOK to 2.06m NOK (-24.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.21m NOK → +731.6k NOK (op. margin 44.2% → 35.4%). Calculated

  • ↓

    Net result weakened

    Net result +976.9k NOK → +449.1k NOK (net margin 35.7% → 21.8%). Calculated