ADVOKAT IVAR BLIKRA AS: årsregnskap 2007 vs 2006
Grew 464580% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVOKAT IVAR BLIKRA AS. Revenue 459 NOK → 2.13m NOK (+464580.2%). Net result +828.7k NOK → +420.7k NOK. Equity 905.8k NOK → 1 326 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT IVAR BLIKRA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 459 NOK to 2.13m NOK (+464580.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +725.4k NOK → +556.0k NOK (op. margin 158029.0% → 26.1%). Calculated
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↓
Net result weakened
Net result +828.7k NOK → +420.7k NOK (net margin 180535.3% → 19.7%). Calculated
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↓
Equity eroded
Book equity 905.8k NOK → 1 326 NOK (equity ratio 305.5% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 958.4k NOK → 447.0k NOK (-53.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 459.3k NOK → 924.0k NOK (100070% → 43% of revenue). Calculated