Org.nr 987 675 799 2007 → 2008 Year-over-year analysis

ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2008 vs 2007

Grew 21% on revenue

approved 2009-04-21; registry 2009-05-05

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 11.54m NOK → 13.92m NOK (+20.7%). Net result +2 007 NOK → +8 940 NOK. Equity 400.5k NOK → 409.4k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATENE CHRISTIAN WIIG & CO AS.

Scorecard

Revenue
11.54m NOK 13.92m NOK
+20.7%
Operating result
n/m -46.8k NOK
—
Net result
+2 007 NOK +8 940 NOK
+345.4%
Equity
400.5k NOK 409.4k NOK
+2.2%
Cash
2.08m NOK 1.79m NOK
-13.8%
Total assets
6.60m NOK 5.52m NOK
-16.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.54m NOK to 13.92m NOK (+20.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +2 007 NOK → +8 940 NOK (net margin 0.0% → 0.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 400.5k NOK → 409.4k NOK (equity ratio 6.1% → 7.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.08m NOK → 1.79m NOK (-13.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.58m NOK → 9.82m NOK (66% → 71% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 285.7k NOK → 451.7k NOK (+58.1% YoY). Calculated