ADVOKAT VIDAR BRODER LUND AS: årsregnskap 2008 vs 2007
Shrank 100% on revenue, stronger earnings
approved 2009-06-30; registry 2009-09-05
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKAT VIDAR BRODER LUND AS. Revenue 2.07m NOK → 2 366 NOK (-99.9%). Net result +388.4k NOK → +779.1k NOK. Equity 1.50m NOK → 2 279 NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT VIDAR BRODER LUND AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +457.1k NOK → +982.3k NOK (op. margin 22.1% → 41518.7%). Calculated
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↑
Net result improved
Net result +388.4k NOK → +779.1k NOK (net margin 18.8% → 32928.6%). Calculated
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↑
Payroll decreased
Salary cost 7.97m NOK → 778.6k NOK (385% → 32910% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.07m NOK to 2 366 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 1.50m NOK → 2 279 NOK (equity ratio 45.7% → 71.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.11× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 26.0k NOK → 0 NOK. Reported fact