FirmaIQ
Org.nr 993 496 669 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET HVIDSTEN AS: årsregnskap 2011 vs 2010

Grew 819% on revenue, stronger earnings

approved 2012-04-20; registry 2012-04-24; journal 2012 347719

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET HVIDSTEN AS. Revenue 174.3k NOK → 1.60m NOK (+818.6%). Net result +133.4k NOK → +295.1k NOK. Equity 563.7k NOK → 158.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
174.3k NOK 1.60m NOK
+818.6%
Operating result
+181.3k NOK +618.7k NOK
+241.3%
Net result
+133.4k NOK +295.1k NOK
+121.3%
Equity
563.7k NOK 158.8k NOK
-71.8%
Cash
n/m 640.0k NOK
—
Total assets
744.7k NOK 855.8k NOK
+14.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 174.3k NOK to 1.60m NOK (+818.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +181.3k NOK → +618.7k NOK (op. margin 104.0% → 38.6%). Calculated

  • ↑

    Net result improved

    Net result +133.4k NOK → +295.1k NOK (net margin 76.5% → 18.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 563.7k NOK → 158.8k NOK (equity ratio 75.7% → 18.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 153.0k NOK → 52.0k NOK. Reported fact