FirmaIQ
Org.nr 987 579 072 2007 → 2008 Year-over-year analysis

ADVOKAT OLAV MARTIN JENTOFT JR AS: årsregnskap 2008 vs 2007

Shrank 20% on revenue, weaker earnings

approved 2009-04-23; registry 2009-06-16

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT OLAV MARTIN JENTOFT JR AS. Revenue 2.02m NOK → 1.61m NOK (-20.2%). Net result +378.6k NOK → +120.7k NOK. Equity 124.5k NOK → 105.1k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.02m NOK 1.61m NOK
-20.2%
Operating result
+515.9k NOK +158.2k NOK
-69.3%
Net result
+378.6k NOK +120.7k NOK
-68.1%
Equity
124.5k NOK 105.1k NOK
-15.5%
Cash
n/m 284.1k NOK
—
Total assets
884.7k NOK 565.7k NOK
-36.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.02m NOK to 1.61m NOK (-20.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +515.9k NOK → +158.2k NOK (op. margin 25.5% → 9.8%). Calculated

  • ↓

    Net result weakened

    Net result +378.6k NOK → +120.7k NOK (net margin 18.7% → 7.5%). Calculated

  • ↓

    Equity eroded

    Book equity 124.5k NOK → 105.1k NOK (equity ratio 14.1% → 18.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.07m NOK → 4.89m NOK (53% → 303% of revenue). Calculated