FirmaIQ
Org.nr 988 038 687 2007 → 2008 Year-over-year analysis

ADVOKAT DAG RØED AS: årsregnskap 2008 vs 2007

Shrank 22% on revenue, weaker earnings

approved 2009-04-06; registry 2009-05-23

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT DAG RØED AS. Revenue 733.3k NOK → 569.2k NOK (-22.4%). Net result +201.2k NOK → +62.6k NOK. Equity 508.1k NOK → 200.6k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
733.3k NOK 569.2k NOK
-22.4%
Operating result
+265.1k NOK +72.2k NOK
-72.8%
Net result
+201.2k NOK +62.6k NOK
-68.9%
Equity
508.1k NOK 200.6k NOK
-60.5%
Total assets
626.3k NOK 926.0k NOK
+47.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 205.3k NOK → 110.4k NOK (28% → 19% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 733.3k NOK to 569.2k NOK (-22.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +265.1k NOK → +72.2k NOK (op. margin 36.1% → 12.7%). Calculated

  • ↓

    Net result weakened

    Net result +201.2k NOK → +62.6k NOK (net margin 27.4% → 11.0%). Calculated

  • ↓

    Equity eroded

    Book equity 508.1k NOK → 200.6k NOK (equity ratio 81.1% → 21.7%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 20.3k NOK → 64.2k NOK (+216.6% YoY). Calculated