ADVOKATFIRMAET KRAGERUD & CO AS: årsregnskap 2010 vs 2009
Shrank 21% on revenue
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET KRAGERUD & CO AS. Revenue 733.4k NOK → 582.6k NOK (-20.6%). Equity -165.9k NOK → 515.2k NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET KRAGERUD & CO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -231.8k NOK → +453.3k NOK (op. margin -31.6% → 77.8%). Calculated
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↑
Equity strengthened
Book equity -165.9k NOK → 515.2k NOK (equity ratio -29.5% → 57.9%). Calculated
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Current ratio back above 1×
Current ratio 0.77× → 2.37×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 733.4k NOK to 582.6k NOK (-20.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 531.7k NOK → 539.1k NOK (72% → 93% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 115.0k NOK → 865 NOK — check capital reduction, conversion, or reclassification. Interpretation