Org.nr 988 727 571 2007 → 2008 Year-over-year analysis

ADVISOR REVISJON & REGNSKAP AS: årsregnskap 2008 vs 2007

Grew 54% on revenue, stronger earnings

approved 2009-03-20; registry 2009-03-26

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVISOR REVISJON & REGNSKAP AS. Revenue 1.50m NOK → 2.31m NOK (+53.9%). Net result +62.3k NOK → +115.6k NOK. Equity 389.1k NOK → 304.7k NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVISOR REVISJON & REGNSKAP AS.

Scorecard

Revenue
1.50m NOK 2.31m NOK
+53.9%
Operating result
+89.4k NOK n/m
—
Net result
+62.3k NOK +115.6k NOK
+85.6%
Equity
389.1k NOK 304.7k NOK
-21.7%
Total assets
684.2k NOK 995.2k NOK
+45.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.50m NOK to 2.31m NOK (+53.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +62.3k NOK → +115.6k NOK (net margin 4.1% → 5.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 389.1k NOK → 304.7k NOK (equity ratio 56.9% → 30.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.03m NOK → 1.60m NOK (69% → 69% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10 NOK → 37.4k NOK. Reported fact