ADVOKATHUSET HORTEN AS: årsregnskap 2011 vs 2010
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVOKATHUSET HORTEN AS. Revenue 4.83m NOK → 4.71m NOK (-2.5%). Net result +936.3k NOK → +692 NOK. Equity 1 135 NOK → 1.14m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
4.83m NOK
4.71m NOK
-2.5%
Operating result
+1.22m NOK
+980.0k NOK
-19.9%
Net result
+936.3k NOK
+692 NOK
-99.9%
Equity
1 135 NOK
1.14m NOK
+99987.7%
Cash
1.32m NOK
1.32m NOK
0.0%
Total assets
2.81m NOK
n/m
—
What improved
-
↑
Equity strengthened
Book equity 1 135 NOK → 1.14m NOK. Calculated
-
↑
Payroll decreased
Salary cost 2.67m NOK → 2 010 NOK (55% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.83m NOK to 4.71m NOK (-2.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.22m NOK → +980.0k NOK (op. margin 25.4% → 20.8%). Calculated
-
↓
Net result weakened
Net result +936.3k NOK → +692 NOK (net margin 19.4% → 0.0%). Calculated