FirmaIQ
Org.nr 992 700 785 2008 → 2009 Year-over-year analysis

ADVOKAT STEIN ÅGE MARTINSEN AS: årsregnskap 2009 vs 2008

Shrank 19% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKAT STEIN ÅGE MARTINSEN AS. Revenue 2.19m NOK → 1.77m NOK (-19.1%). Net result +334.6k NOK → +2 685 NOK. Equity 9.36m NOK → 562.8k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.19m NOK 1.77m NOK
-19.1%
Operating result
+459.6k NOK -15.3k NOK
-103.3%
Net result
+334.6k NOK +2 685 NOK
-99.2%
Equity
9.36m NOK 562.8k NOK
-94.0%
Cash
44.4k NOK 45.2k NOK
+1.8%
Total assets
1.31m NOK 907.5k NOK
-30.8%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.19× → 3.34×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.19m NOK to 1.77m NOK (-19.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +459.6k NOK → -15.3k NOK (op. margin 21.0% → -0.9%). Calculated

  • ↓

    Net result weakened

    Net result +334.6k NOK → +2 685 NOK (net margin 15.3% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 9.36m NOK → 562.8k NOK (equity ratio 714.5% → 62.0%). Calculated