Org.nr 992 851 171 2007 → 2008 Year-over-year analysis

ADVOKATENE BJØRBÆK AS: årsregnskap 2008 vs 2007

Slipped into loss, cash halved-plus

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATENE BJØRBÆK AS. Net result +435.9k NOK → -569.2k NOK. Equity 1.19m NOK → 148.8k NOK.

On the constructive side: payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATENE BJØRBÆK AS.

At a glance

Revenue

n/m 7.27m NOK

—

Operating result

+521.4k NOK -489.5k NOK

-193.9%

Net result

+435.9k NOK -569.2k NOK

-230.6%

Equity

1.19m NOK 148.8k NOK

-87.5%

Cash

919.8k NOK 253.6k NOK

-72.4%

Total assets

3.31m NOK 2.10m NOK

-36.7%

↓
Operating result weakened

Operating result +521.4k NOK → -489.5k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 435.9k NOK profit to a loss of 569.2k NOK. Calculated
↓
Equity eroded

Book equity 1.19m NOK → 148.8k NOK (equity ratio 35.8% → 7.1%). Calculated
↓
Cash fell

Bank deposits 919.8k NOK → 253.6k NOK (-72.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Paid-in equity reduced

Paid-in equity fell 922.1k NOK → 148.8k NOK — check capital reduction, conversion, or reclassification. Interpretation