ADVOKAT EVEN RØNVIK AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-04-29; registry 2009-07-09
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKAT EVEN RØNVIK AS. Revenue 3.61m NOK → 3.44m NOK (-4.8%). Equity 3.42m NOK → 4.67m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.61m NOK
3.44m NOK
-4.8%
Operating result
+1.50m NOK
+1.33m NOK
-11.5%
Equity
3.42m NOK
4.67m NOK
+36.2%
Total assets
6.70m NOK
7.87m NOK
+17.5%
What improved
-
↑
Equity strengthened
Book equity 3.42m NOK → 4.67m NOK (equity ratio 51.1% → 59.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.61m NOK to 3.44m NOK (-4.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.50m NOK → +1.33m NOK (op. margin 41.4% → 38.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 971 NOK → 996.22m NOK (0% → 28965% of revenue). Calculated