ADVOKATFIRMAET INDREITEN AS: årsregnskap 2011 vs 2010
Grew 154265% on revenue, stronger earnings
approved 2012-04-30; registry 2012-05-08; journal 2012 365577
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET INDREITEN AS. Revenue 2 740 NOK → 4.23m NOK (+154264.7%). Net result +103.6k NOK → +640.9k NOK. Equity 552.5k NOK → 194.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET INDREITEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 740 NOK to 4.23m NOK (+154264.7% YoY). Calculated
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↑
Operating result improved
Operating result +148.5k NOK → +921.4k NOK (op. margin 5420.0% → 21.8%). Calculated
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↑
Net result improved
Net result +103.6k NOK → +640.9k NOK (net margin 3781.2% → 15.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 552.5k NOK → 194.5k NOK (equity ratio 29547.4% → 6.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 448.9k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 4 NOK → 2.20m NOK (0% → 52% of revenue). Calculated