ADVOKAT FINN OVE SMITH AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-06-30; registry 2009-09-10
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKAT FINN OVE SMITH AS. Revenue 3.23m NOK → 3.36m NOK (+4.2%). Equity 558.4k NOK → 1.08m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT FINN OVE SMITH AS.
At a glance
Scorecard
Revenue
3.23m NOK
3.36m NOK
+4.2%
Equity
558.4k NOK
1.08m NOK
+92.8%
Total assets
1.86m NOK
1.68m NOK
-9.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.23m NOK to 3.36m NOK (+4.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 558.4k NOK → 1.08m NOK (equity ratio 30.1% → 64.0%). Calculated
-
↑
Payroll decreased
Salary cost 6.44m NOK → 1.72m NOK (199% → 51% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 263.5k NOK → 223.4k NOK (-15.2% YoY). Calculated