Org.nr 987 579 072 2008 → 2009 Year-over-year analysis

ADVOKAT OLAV MARTIN JENTOFT JR AS: årsregnskap 2009 vs 2008

Grew 41% on revenue, stronger earnings

approved 2010-05-25; registry 2010-06-19; journal 2010 435827

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKAT OLAV MARTIN JENTOFT JR AS. Revenue 1.61m NOK → 2.28m NOK (+41.1%). Net result +120.7k NOK → +863.2k NOK. Equity 105.1k NOK → 201.8k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

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

Scorecard

Revenue
1.61m NOK 2.28m NOK
+41.1%
Operating result
+158.2k NOK +10 NOK
-100.0%
Net result
+120.7k NOK +863.2k NOK
+615.4%
Equity
105.1k NOK 201.8k NOK
+92.0%
Cash
284.1k NOK 664.7k NOK
+134.0%
Total assets
565.7k NOK 18.0k NOK
-96.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61m NOK to 2.28m NOK (+41.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +120.7k NOK → +863.2k NOK (net margin 7.5% → 37.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 105.1k NOK → 201.8k NOK (equity ratio 18.6% → 1119.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 284.1k NOK → 664.7k NOK (+134.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.89m NOK → 4.48m NOK (303% → 197% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +158.2k NOK → +10 NOK (op. margin 9.8% → 0.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1 060 NOK. Reported fact