FirmaIQ
Org.nr 889 032 782 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET NAVJORD AS: årsregnskap 2011 vs 2010

Weaker earnings

approved 2012-04-30; registry 2012-06-11; journal 2012 412651

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET NAVJORD AS. Revenue 897.8k NOK → 917.1k NOK (+2.1%). Net result -2 351 NOK → -15.5k NOK. Equity 82.3k NOK → 66.8k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
897.8k NOK 917.1k NOK
+2.1%
Operating result
+99.4k NOK +79.0k NOK
-20.5%
Net result
-2 351 NOK -15.5k NOK
-561.2%
Equity
82.3k NOK 66.8k NOK
-18.9%
Cash
n/m 14.8k NOK
—
Total assets
1.87m NOK 1.86m NOK
-0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 897.8k NOK to 917.1k NOK (+2.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 498.6k NOK → 485.2k NOK (56% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +99.4k NOK → +79.0k NOK (op. margin 11.1% → 8.6%). Calculated

  • ↓

    Net result weakened

    Net result -2 351 NOK → -15.5k NOK (net margin -0.3% → -1.7%). Calculated

  • ↓

    Equity eroded

    Book equity 82.3k NOK → 66.8k NOK (equity ratio 4.4% → 3.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation