Org.nr 970 920 420 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET HVATTUM AS: årsregnskap 2011 vs 2010

Shrank 66% on revenue, weaker earnings, cash halved-plus

approved 2011-02-23; registry 2012-05-03; journal 2012 358325

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET HVATTUM AS. Revenue 1.82m NOK → 615.5k NOK (-66.2%). Net result -4 547 NOK → -167.7k NOK. Equity 662.9k NOK → 495.2k NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HVATTUM AS.

Scorecard

Revenue
1.82m NOK 615.5k NOK
-66.2%
Net result
-4 547 NOK -167.7k NOK
-3588.3%
Equity
662.9k NOK 495.2k NOK
-25.3%
Cash
223.3k NOK 78.3k NOK
-64.9%
Total assets
1.89m NOK 1.41m NOK
-25.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.82m NOK to 615.5k NOK (-66.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result -4 547 NOK → -167.7k NOK (net margin -0.2% → -27.2%). Calculated

  • ↓

    Equity eroded

    Book equity 662.9k NOK → 495.2k NOK (equity ratio 35.1% → 35.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 223.3k NOK → 78.3k NOK (-64.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 72.0k NOK → 0 NOK. Reported fact