ADVOKATHUSET BREIVIK AS: årsregnskap 2010 vs 2009
Grew 6% on revenue, stronger earnings
approved 2011-04-07; registry 2011-08-24; journal 2011 629977
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVOKATHUSET BREIVIK AS. Revenue 2.18m NOK → 2.32m NOK (+6.4%). Net result +9 233 NOK → +314.2k NOK. Equity 204.2k NOK → 103.0k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATHUSET BREIVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.18m NOK to 2.32m NOK (+6.4% YoY). Calculated
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↑
Net result improved
Net result +9 233 NOK → +314.2k NOK (net margin 0.4% → 13.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 204.2k NOK → 103.0k NOK (equity ratio 30.6% → 345.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 5 NOK → 1.20m NOK (0% → 52% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 47.2k NOK → 59.0k NOK (+24.9% YoY). Calculated