ADVOKAT LEIF STRØM AS: årsregnskap 2009 vs 2008
Shrank 6% on revenue
approved 2010-02-15; registry 2010-08-21; journal 2010 610776
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVOKAT LEIF STRØM AS. Revenue 2.01m NOK → 1.89m NOK (-5.8%). Equity 579.0k NOK → 266.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 985.0k NOK → 1 116 NOK (49% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.01m NOK to 1.89m NOK (-5.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +229.7k NOK → -37.4k NOK (op. margin 11.4% → -2.0%). Calculated
-
↓
Equity eroded
Book equity 579.0k NOK → 266.9k NOK (equity ratio 40.6% → 24.8%). Calculated
-
↓
Cash fell
Bank deposits 526.6k NOK → 330.3k NOK (-37.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.84× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated