Org.nr 959 458 944 2007 → 2008 Year-over-year analysis

ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2008 vs 2007

Shrank 46% on revenue

approved 2009-04-06; registry 2009-04-18

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 576.6k NOK → 313.3k NOK (-45.7%). Equity 278.6k NOK → 717.4k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
576.6k NOK 313.3k NOK
-45.7%
Operating result
+33.7k NOK +434.3k NOK
+1188.2%
Equity
278.6k NOK 717.4k NOK
+157.5%
Total assets
596.6k NOK 255.4k NOK
-57.2%

What improved

  • ↑

    Operating result improved

    Operating result +33.7k NOK → +434.3k NOK (op. margin 5.8% → 138.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 278.6k NOK → 717.4k NOK (equity ratio 46.7% → 280.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 576.6k NOK to 313.3k NOK (-45.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 256.4k NOK → 384.2k NOK (44% → 123% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 14.2k NOK → 20.8k NOK (+46.9% YoY). Calculated