Org.nr 993 346 268 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET HALS AS: årsregnskap 2011 vs 2010

Grew 139737% on revenue, stronger earnings

approved 2012-05-04; registry 2012-06-21; journal 2012 448481

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET HALS AS. Revenue 1 146 NOK → 1.60m NOK (+139737.4%). Net result +105.8k NOK → +414.3k NOK. Equity 282.8k NOK → 697.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

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

Scorecard

Revenue
1 146 NOK 1.60m NOK
+139737.4%
Operating result
+147.9k NOK +576.6k NOK
+289.9%
Net result
+105.8k NOK +414.3k NOK
+291.6%
Equity
282.8k NOK 697.1k NOK
+146.5%
Cash
420.7k NOK 747.1k NOK
+77.6%
Total assets
646.1k NOK 132.3k NOK
-79.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 146 NOK to 1.60m NOK (+139737.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +147.9k NOK → +576.6k NOK (op. margin 12902.6% → 36.0%). Calculated

  • ↑

    Net result improved

    Net result +105.8k NOK → +414.3k NOK (net margin 9232.8% → 25.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 282.8k NOK → 697.1k NOK (equity ratio 43.8% → 526.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 420.7k NOK → 747.1k NOK (+77.6% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.78× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 545.9k NOK → 570.8k NOK (47633% → 36% of revenue). Calculated