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
Summary
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.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.82m NOK to 615.5k NOK (-66.2% YoY). Calculated
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↓
Net result weakened
Net result -4 547 NOK → -167.7k NOK (net margin -0.2% → -27.2%). Calculated
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↓
Equity eroded
Book equity 662.9k NOK → 495.2k NOK (equity ratio 35.1% → 35.0%). Calculated
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↓
Cash fell
Bank deposits 223.3k NOK → 78.3k NOK (-64.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 72.0k NOK → 0 NOK. Reported fact