FirmaIQ
Org.nr 989 168 142 2009 → 2010 Year-over-year analysis

ADVOKATFIRMAET HEGG & CO AS: årsregnskap 2010 vs 2009

Grew 8% on revenue, cash halved-plus

approved 2011-04-28; registry 2011-07-20; journal 2011 528779

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET HEGG & CO AS. Revenue 6.36m NOK → 6.88m NOK (+8.1%). Net result +7 651 NOK → +8 421 NOK. Equity 143.5k NOK → 151.9k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HEGG & CO AS.

At a glance

Scorecard

Revenue
6.36m NOK 6.88m NOK
+8.1%
Operating result
+81.5k NOK +63.5k NOK
-22.1%
Net result
+7 651 NOK +8 421 NOK
+10.1%
Equity
143.5k NOK 151.9k NOK
+5.9%
Cash
770.3k NOK 1 139 NOK
-99.9%
Total assets
2.34m NOK 3.30m NOK
+41.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.36m NOK to 6.88m NOK (+8.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 143.5k NOK → 151.9k NOK (equity ratio 6.1% → 4.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +81.5k NOK → +63.5k NOK (op. margin 1.3% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 770.3k NOK → 1 139 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 4.41m NOK → 4.88m NOK (69% → 71% of revenue). Calculated