ADVOKAT IMNA HARALD OTTERSTAD AS: årsregnskap 2009 vs 2008
Grew 21% on revenue, stronger earnings
approved 2010-03-24; registry 2010-04-12
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVOKAT IMNA HARALD OTTERSTAD AS. Revenue 1.97m NOK → 2.38m NOK (+21.1%). Net result +63.7k NOK → +331.8k NOK. Equity 359.6k NOK → 591.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT IMNA HARALD OTTERSTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.97m NOK to 2.38m NOK (+21.1% YoY). Calculated
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↑
Operating result improved
Operating result +108.2k NOK → +475.6k NOK (op. margin 5.5% → 20.0%). Calculated
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↑
Net result improved
Net result +63.7k NOK → +331.8k NOK (net margin 3.2% → 13.9%). Calculated
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↑
Equity strengthened
Book equity 359.6k NOK → 591.4k NOK (equity ratio 43.5% → 236.0%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.38× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 008 NOK → 1.24m NOK (0% → 52% of revenue). Calculated