FirmaIQ
Org.nr 978 684 432 2007 → 2008 Year-over-year analysis

ADVOKAT TOM HERMANSEN AS: årsregnskap 2008 vs 2007

Shrank 44% on revenue, weaker earnings

approved 2009-02-12; registry 2009-03-10

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKAT TOM HERMANSEN AS. Revenue 1.74m NOK → 975.6k NOK (-43.8%). Net result +448.4k NOK → +84.1k NOK. Equity 123.2k NOK → 107.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.74m NOK 975.6k NOK
-43.8%
Operating result
+591.3k NOK +18.8k NOK
-96.8%
Net result
+448.4k NOK +84.1k NOK
-81.2%
Equity
123.2k NOK 107.4k NOK
-12.9%
Total assets
227.0k NOK 976.4k NOK
+330.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.81m NOK → 667.3k NOK (162% → 68% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.74m NOK to 975.6k NOK (-43.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +591.3k NOK → +18.8k NOK (op. margin 34.1% → 1.9%). Calculated

  • ↓

    Net result weakened

    Net result +448.4k NOK → +84.1k NOK (net margin 25.8% → 8.6%). Calculated

  • ↓

    Equity eroded

    Book equity 123.2k NOK → 107.4k NOK (equity ratio 54.3% → 11.0%). Calculated