Org.nr 988 400 580 2007 → 2008 Year-over-year analysis

ADVOKAT PER KJETIL STAUTLAND AS: årsregnskap 2008 vs 2007

Stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT PER KJETIL STAUTLAND AS. Net result +275.8k NOK → +424.1k NOK. Equity 696.0k NOK → 20.1k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT PER KJETIL STAUTLAND AS.

Scorecard

Revenue
n/m 2.03m NOK
—
Operating result
+382.1k NOK +601.9k NOK
+57.5%
Net result
+275.8k NOK +424.1k NOK
+53.8%
Equity
696.0k NOK 20.1k NOK
-97.1%
Cash
5.15m NOK 5.24m NOK
+1.7%
Total assets
523.7k NOK 475.7k NOK
-9.2%

What improved

  • ↑

    Operating result improved

    Operating result +382.1k NOK → +601.9k NOK. Calculated

  • ↑

    Net result improved

    Net result +275.8k NOK → +424.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 5.15m NOK → 5.24m NOK (+1.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 696.0k NOK → 20.1k NOK (equity ratio 132.9% → 4.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 NOK → 6.99m NOK. Calculated