FirmaIQ
Org.nr 986 395 253 2008 → 2009 Year-over-year analysis

ADVOKAT IVAR BLIKRA AS: årsregnskap 2009 vs 2008

Shrank 17% on revenue, weaker earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKAT IVAR BLIKRA AS. Revenue 2.23m NOK → 1.85m NOK (-17.0%). Net result +693.0k NOK → +488.3k NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVOKAT IVAR BLIKRA AS.

At a glance

Scorecard

Revenue
2.23m NOK 1.85m NOK
-17.0%
Operating result
+679.8k NOK +405.2k NOK
-40.4%
Net result
+693.0k NOK +488.3k NOK
-29.5%
Equity
n/m 3.51m NOK
—
Cash
7.80m NOK 969.4k NOK
-87.6%
Total assets
n/m 4.04m NOK
—

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 100.00m NOK (+99.90m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 917.1k NOK → 879.9k NOK (41% → 47% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.23m NOK to 1.85m NOK (-17.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +679.8k NOK → +405.2k NOK (op. margin 30.5% → 21.9%). Calculated

  • ↓

    Net result weakened

    Net result +693.0k NOK → +488.3k NOK (net margin 31.1% → 26.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.80m NOK → 969.4k NOK (-87.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.80m NOK → 969.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation