FirmaIQ
Org.nr 985 851 514 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS: årsregnskap 2011 vs 2010

Grew 25% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS. Revenue 28.93m NOK → 36.23m NOK (+25.2%). Net result +235.4k NOK → +317.6k NOK. Equity 1.53m NOK → 1.84m NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS.

At a glance

Scorecard

Revenue
28.93m NOK 36.23m NOK
+25.2%
Operating result
+13.53m NOK +18.65m NOK
+37.8%
Net result
+235.4k NOK +317.6k NOK
+34.9%
Equity
1.53m NOK 1.84m NOK
+20.8%
Cash
n/m 5.46m NOK
—
Total assets
14.38m NOK 19.82m NOK
+37.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.93m NOK to 36.23m NOK (+25.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +13.53m NOK → +18.65m NOK (op. margin 46.8% → 51.5%). Calculated

  • ↑

    Net result improved

    Net result +235.4k NOK → +317.6k NOK (net margin 0.8% → 0.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.53m NOK → 1.84m NOK (equity ratio 10.6% → 9.3%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.02× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 686.9k NOK → 754.9k NOK. Reported fact