FirmaIQ
Org.nr 889 032 782 2009 → 2010 Year-over-year analysis

ADVOKATFIRMAET NAVJORD AS: årsregnskap 2010 vs 2009

Slipped into loss

approved 2011-05-30; registry 2011-07-23; journal 2011 531424

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET NAVJORD AS. Revenue 925.5k NOK → 897.8k NOK (-3.0%). Net result +36.0k NOK → -2 351 NOK. Equity 84.7k NOK → 82.3k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
925.5k NOK 897.8k NOK
-3.0%
Operating result
+162.6k NOK +99.4k NOK
-38.9%
Net result
+36.0k NOK -2 351 NOK
-106.5%
Equity
84.7k NOK 82.3k NOK
-2.8%
Total assets
1.84m NOK 1.87m NOK
+1.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 925.5k NOK to 897.8k NOK (-3.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +162.6k NOK → +99.4k NOK (op. margin 17.6% → 11.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 36.0k NOK profit to a loss of 2 351 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 84.7k NOK → 82.3k NOK (equity ratio 4.6% → 4.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 429.2k NOK → 498.6k NOK (46% → 56% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation