FirmaIQ
Org.nr 988 988 065 2008 → 2009 Year-over-year analysis

ADVOKAT LEIRVÅG AS: årsregnskap 2009 vs 2008

Weaker earnings

approved 2010-04-16; registry 2010-04-21

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKAT LEIRVÅG AS. Revenue 1.83m NOK → 1.74m NOK (-4.8%). Net result +498.9k NOK → +373.5k NOK. Equity 343.8k NOK → 417.4k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
1.83m NOK 1.74m NOK
-4.8%
Operating result
+63 NOK +234.7k NOK
+372365.1%
Net result
+498.9k NOK +373.5k NOK
-25.1%
Equity
343.8k NOK 417.4k NOK
+21.4%
Total assets
1.77m NOK 1.08m NOK
-39.0%

What improved

  • ↑

    Operating result improved

    Operating result +63 NOK → +234.7k NOK (op. margin 0.0% → 13.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 343.8k NOK → 417.4k NOK (equity ratio 19.4% → 38.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.83m NOK to 1.74m NOK (-4.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +498.9k NOK → +373.5k NOK (net margin 27.3% → 21.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 008 NOK → 572.8k NOK (0% → 33% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5 069 NOK → 661.8k NOK. Reported fact