FirmaIQ
Org.nr 987 665 440 2009 → 2010 Year-over-year analysis

ADVOKATFIRMAET SALOMON JOHANSEN AS: årsregnskap 2010 vs 2009

Grew 16% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVOKATFIRMAET SALOMON JOHANSEN AS. Revenue 12.75m NOK → 14.79m NOK (+16.0%). Net result +768.8k NOK → +1.35m NOK. Equity 3.67m NOK → 4.12m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET SALOMON JOHANSEN AS.

At a glance

Scorecard

Revenue
12.75m NOK 14.79m NOK
+16.0%
Operating result
+2.55m NOK +1.96m NOK
-23.3%
Net result
+768.8k NOK +1.35m NOK
+76.0%
Equity
3.67m NOK 4.12m NOK
+12.3%
Cash
1.92m NOK 3.62m NOK
+88.2%
Total assets
9.00m NOK 11.35m NOK
+26.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.75m NOK to 14.79m NOK (+16.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +768.8k NOK → +1.35m NOK (net margin 6.0% → 9.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.67m NOK → 4.12m NOK (equity ratio 40.8% → 36.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.92m NOK → 3.62m NOK (+88.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.55m NOK → +1.96m NOK (op. margin 20.0% → 13.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.07m NOK → 9.64m NOK (55% → 65% of revenue). Calculated