ADVOKATFIRMAET MORTEN PERSEN AS: årsregnskap 2010 vs 2009
Shrank 91% on revenue
approved 2011-07-12; registry 2011-07-20; journal 2011 525643
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET MORTEN PERSEN AS. Revenue 669.7k NOK → 62.5k NOK (-90.7%). Equity 407.4k NOK → 138.0k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET MORTEN PERSEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 72.0k NOK → 290.0k NOK (+302.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.46m NOK → 166.3k NOK (517% → 266% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 669.7k NOK to 62.5k NOK (-90.7% YoY). Calculated
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↓
Operating result weakened
Operating result -300.8k NOK → -386.4k NOK (op. margin -44.9% → -617.9%). Calculated
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↓
Equity eroded
Book equity 407.4k NOK → 138.0k NOK (equity ratio 60.4% → 28.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 511.3k NOK → 282.7k NOK (-44.7% YoY). Calculated