Org.nr 991 099 751 2009 → 2010 Year-over-year analysis

ADVOKATFIRMAET HASLE AS: årsregnskap 2010 vs 2009

Shrank 56% on revenue

approved 2011-04-15; registry 2011-04-27; journal 2011 344995

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET HASLE AS. Revenue 4.07m NOK → 1.81m NOK (-55.6%). Equity 220.8k NOK → 42.7k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET HASLE AS.

At a glance

Revenue

4.07m NOK 1.81m NOK

-55.6%

Operating result

-710.2k NOK -74.9k NOK

+89.5%

Equity

220.8k NOK 42.7k NOK

-80.7%

Total assets

1.01m NOK 137.5k NOK

-86.4%

↑
Operating result improved

Operating result -710.2k NOK → -74.9k NOK (op. margin -17.4% → -4.1%). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.07m NOK to 1.81m NOK (-55.6% YoY). Calculated
↓
Equity eroded

Book equity 220.8k NOK → 42.7k NOK (equity ratio 21.9% → 31.1%). Calculated
↓
Payroll up without matching revenue

Salary cost 3.04m NOK → 6.72m NOK (75% → 371% of revenue). Calculated

·
Paid-in equity reduced

Paid-in equity fell 224.0k NOK → 104.1k NOK — check capital reduction, conversion, or reclassification. Interpretation