Org.nr 988 375 616 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET STANGELAND AS: årsregnskap 2011 vs 2010

Shrank 13% on revenue, weaker earnings

approved 2012-02-15; registry 2012-03-21; journal 2012 318991

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET STANGELAND AS. Revenue 2.10m NOK → 1.82m NOK (-13.3%). Net result +148.5k NOK → +5 353 NOK. Equity 1.36m NOK → 1.36m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
2.10m NOK 1.82m NOK
-13.3%
Operating result
+195.6k NOK -23.4k NOK
-112.0%
Net result
+148.5k NOK +5 353 NOK
-96.4%
Equity
1.36m NOK 1.36m NOK
+0.4%
Cash
923.8k NOK 587.6k NOK
-36.4%
Total assets
2.11m NOK 1.60m NOK
-24.0%

What improved

  • ↑

    Equity strengthened

    Book equity 1.36m NOK → 1.36m NOK (equity ratio 64.4% → 85.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.10m NOK to 1.82m NOK (-13.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +195.6k NOK → -23.4k NOK (op. margin 9.3% → -1.3%). Calculated

  • ↓

    Net result weakened

    Net result +148.5k NOK → +5 353 NOK (net margin 7.1% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 923.8k NOK → 587.6k NOK (-36.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 47.9k NOK → 9.01m NOK (2% → 494% of revenue). Calculated