Org.nr 888 997 482 2008 → 2009 Year-over-year analysis

ADVOKAT FINN OVE SMITH AS: årsregnskap 2009 vs 2008

Grew 59% on revenue

approved 2010-06-30; registry 2010-08-31; journal 2010 669327

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKAT FINN OVE SMITH AS. Revenue 3.36m NOK → 5.36m NOK (+59.5%). Equity 1.08m NOK → 1.61m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT FINN OVE SMITH AS.

At a glance

Revenue

3.36m NOK 5.36m NOK

+59.5%

Operating result

n/m +1.93m NOK

—

Equity

1.08m NOK 1.61m NOK

+49.3%

Total assets

1.68m NOK 3.67m NOK

+118.3%

↑
Revenue rose

Operating income / revenue moved from 3.36m NOK to 5.36m NOK (+59.5% YoY). Calculated
↑
Equity strengthened

Book equity 1.08m NOK → 1.61m NOK (equity ratio 64.0% → 43.7%). Calculated
↑
Current ratio back above 1×

Current ratio 0.35× → 1.77×. Calculated

·
Payroll increased

Salary cost 1.72m NOK → 1.93m NOK (51% → 36% of revenue). Calculated
·
COGS moved

COGS / varekostnad 223.4k NOK → 599.0k NOK (+168.1% YoY). Calculated