FirmaIQ
Org.nr 987 665 440 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET SALOMON JOHANSEN AS: årsregnskap 2011 vs 2010

Grew 13% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET SALOMON JOHANSEN AS. Revenue 14.79m NOK → 16.73m NOK (+13.2%). Net result +1.35m NOK → +1.14m NOK. Equity 4.12m NOK → 5.27m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
14.79m NOK 16.73m NOK
+13.2%
Operating result
+1.96m NOK +1.68m NOK
-14.3%
Net result
+1.35m NOK +1.14m NOK
-15.7%
Equity
4.12m NOK 5.27m NOK
+27.7%
Cash
3.62m NOK 4.51m NOK
+24.6%
Total assets
11.35m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.79m NOK to 16.73m NOK (+13.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.12m NOK → 5.27m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 3.62m NOK → 4.51m NOK (+24.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.96m NOK → +1.68m NOK (op. margin 13.3% → 10.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.35m NOK → +1.14m NOK (net margin 9.2% → 6.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.32× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.64m NOK → 11.42m NOK (65% → 68% of revenue). Calculated