Org.nr 988 988 065 2007 → 2008 Year-over-year analysis

ADVOKAT LEIRVÅG AS: årsregnskap 2008 vs 2007

Grew 11% on revenue

approved 2009-03-16; registry 2009-03-24

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT LEIRVÅG AS. Revenue 1.65m NOK → 1.83m NOK (+10.6%). Equity 932.0k NOK → 343.8k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKAT LEIRVÅG AS.

At a glance

Revenue

1.65m NOK 1.83m NOK

+10.6%

Operating result

n/m +63 NOK

—

Net result

n/m +498.9k NOK

—

Equity

932.0k NOK 343.8k NOK

-63.1%

Total assets

1.77m NOK 1.77m NOK

-0.1%

↑
Revenue rose

Operating income / revenue moved from 1.65m NOK to 1.83m NOK (+10.6% YoY). Calculated
↑
Payroll decreased

Salary cost 564.1k NOK → 2 008 NOK (34% → 0% of revenue). Calculated

↓
Equity eroded

Book equity 932.0k NOK → 343.8k NOK (equity ratio 52.6% → 19.4%). Calculated

·
COGS fell

COGS / varekostnad 11.4k NOK → 1 720 NOK (-84.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 630.3k NOK → 5 069 NOK. Reported fact