Org.nr 987 675 799 2008 → 2009 Year-over-year analysis

ADVOKATENE CHRISTIAN WIIG & CO AS: årsregnskap 2009 vs 2008

Grew 12% on revenue, stronger earnings

approved 2010-04-29; registry 2010-05-08

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATENE CHRISTIAN WIIG & CO AS. Revenue 13.92m NOK → 15.61m NOK (+12.1%). Net result +8 940 NOK → +194.8k NOK. Equity 409.4k NOK → 604.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
13.92m NOK 15.61m NOK
+12.1%
Operating result
-46.8k NOK +343.0k NOK
+832.6%
Net result
+8 940 NOK +194.8k NOK
+2079.1%
Equity
409.4k NOK 604.2k NOK
+47.6%
Cash
1.79m NOK 2.19m NOK
+22.2%
Total assets
5.52m NOK 5.60m NOK
+1.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.92m NOK to 15.61m NOK (+12.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -46.8k NOK → +343.0k NOK (op. margin -0.3% → 2.2%). Calculated

  • ↑

    Net result improved

    Net result +8 940 NOK → +194.8k NOK (net margin 0.1% → 1.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 409.4k NOK → 604.2k NOK (equity ratio 7.4% → 10.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.79m NOK → 2.19m NOK (+22.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.82m NOK → 11.13m NOK (71% → 71% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 451.7k NOK → 379.4k NOK (-16.0% YoY). Calculated