Org.nr 989 397 672 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2011 vs 2010

Returned to profit

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET RIISE & BROWN AS. Net result -45.8k NOK → +61.2k NOK. Equity 341.7k NOK → 253.0k NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RIISE & BROWN AS.

At a glance

Revenue

n/m 3.00m NOK

—

Operating result

-44.9k NOK +84.6k NOK

+288.4%

Net result

-45.8k NOK +61.2k NOK

+233.7%

Equity

341.7k NOK 253.0k NOK

-26.0%

Cash

139.1k NOK 269.6k NOK

+93.9%

Total assets

1.06m NOK 952.9k NOK

-9.7%

↑
Operating result improved

Operating result -44.9k NOK → +84.6k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 45.8k NOK to a profit of 61.2k NOK. Calculated
↑
Cash rose

Bank deposits 139.1k NOK → 269.6k NOK (+93.9% YoY). Calculated

↓
Equity eroded

Book equity 341.7k NOK → 253.0k NOK (equity ratio 32.4% → 26.5%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.35× → -0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 91.4k NOK → -3 994 NOK. Reported fact