Org.nr 988 518 557 2007 → 2008 Year-over-year analysis

ADVOKAT IVAR HUSTAD AS: årsregnskap 2008 vs 2007

Grew 298% on revenue

approved 2009-05-31; registry 2009-07-07

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT IVAR HUSTAD AS. Revenue 2 400 NOK → 9 549 NOK (+297.9%). Equity 21.82m NOK → 11.63m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT IVAR HUSTAD AS.

Scorecard

Revenue
2 400 NOK 9 549 NOK
+297.9%
Operating result
-147.0k NOK -93.4k NOK
+36.4%
Equity
21.82m NOK 11.63m NOK
-46.7%
Cash
10.84m NOK 13.23m NOK
+22.0%
Total assets
22.81m NOK 14.75m NOK
-35.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 400 NOK to 9 549 NOK (+297.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -147.0k NOK → -93.4k NOK (op. margin -6123.2% → -978.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.84m NOK → 13.23m NOK (+22.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 21.82m NOK → 11.63m NOK (equity ratio 95.6% → 78.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.75m NOK → 5.67m NOK. Reported fact