FirmaIQ
Org.nr 989 187 562 2007 → 2008 Year-over-year analysis

ADVOKAT JØRN EIKANGER AS: årsregnskap 2008 vs 2007

Grew 11% on revenue

approved 2009-06-30; registry 2009-07-16

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT JØRN EIKANGER AS. Revenue 1.84m NOK → 2.05m NOK (+11.4%). Net result +2 007 NOK → +2 008 NOK. Equity 107.1k NOK → 126.2k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT JØRN EIKANGER AS.

At a glance

Scorecard

Revenue
1.84m NOK 2.05m NOK
+11.4%
Operating result
n/m +653.4k NOK
—
Net result
+2 007 NOK +2 008 NOK
+0.0%
Equity
107.1k NOK 126.2k NOK
+17.8%
Total assets
992.6k NOK 164.7k NOK
-83.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.84m NOK to 2.05m NOK (+11.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 107.1k NOK → 126.2k NOK (equity ratio 10.8% → 76.6%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 424.55× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 761.0k NOK → 777.1k NOK (41% → 38% of revenue). Calculated