Org.nr 989 972 413 2008 → 2009 Year-over-year analysis

ADVOKAT HARALD HEGGEN BRØRBY AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-04-22; registry 2010-06-21; journal 2010 439449

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKAT HARALD HEGGEN BRØRBY AS. Revenue 2.46m NOK → 2.36m NOK (-4.0%). Equity 326.4k NOK → 329.3k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT HARALD HEGGEN BRØRBY AS.

Scorecard

Revenue
2.46m NOK 2.36m NOK
-4.0%
Operating result
+908.7k NOK +771.1k NOK
-15.1%
Equity
326.4k NOK 329.3k NOK
+0.9%
Cash
269.3k NOK 351.0k NOK
+30.3%
Total assets
1.67m NOK 2.16m NOK
+29.7%

What improved

  • ↑

    Equity strengthened

    Book equity 326.4k NOK → 329.3k NOK (equity ratio 19.6% → 15.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 269.3k NOK → 351.0k NOK (+30.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.46m NOK to 2.36m NOK (-4.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +908.7k NOK → +771.1k NOK (op. margin 37.0% → 32.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.04m NOK → 1.10m NOK (42% → 47% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.6k NOK → 6 972 NOK (-55.4% YoY). Calculated