Org.nr 990 026 254 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET JARELD AS: årsregnskap 2011 vs 2010

Shrank 12% on revenue, slipped into loss

approved 2012-04-30; registry 2012-05-08; journal 2012 363859

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET JARELD AS. Revenue 4.63m NOK → 4.09m NOK (-11.6%). Net result +233.1k NOK → -397.5k NOK. Equity -59.4k NOK → -456.9k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET JARELD AS.

Scorecard

Revenue
4.63m NOK 4.09m NOK
-11.6%
Operating result
+91.3k NOK +472.3k NOK
+417.3%
Net result
+233.1k NOK -397.5k NOK
-270.6%
Equity
-59.4k NOK -456.9k NOK
-669.5%
Cash
n/m 563.0k NOK
—
Total assets
2.34m NOK 2.33m NOK
-0.5%

What improved

  • ↑

    Operating result improved

    Operating result +91.3k NOK → +472.3k NOK (op. margin 2.0% → 11.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.63m NOK to 4.09m NOK (-11.6% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 233.1k NOK profit to a loss of 397.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -59.4k NOK → -456.9k NOK (equity ratio -2.5% → -19.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -19.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation