Org.nr 989 080 822 2008 → 2009 Year-over-year analysis

ADVOKATENE LEIROS & OLSEN AS: årsregnskap 2009 vs 2008

Grew 55% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATENE LEIROS & OLSEN AS. Revenue 3.74m NOK → 5.79m NOK (+54.8%). Net result +785.6k NOK → +665.0k NOK. Equity 402.5k NOK → 857.1k NOK.

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

Also worth watching: paid-in equity reduced; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATENE LEIROS & OLSEN AS.

Scorecard

Revenue
3.74m NOK 5.79m NOK
+54.8%
Operating result
+965.9k NOK +875.3k NOK
-9.4%
Net result
+785.6k NOK +665.0k NOK
-15.4%
Equity
402.5k NOK 857.1k NOK
+112.9%
Cash
1 NOK 2.46m NOK
+246007800.0%
Total assets
n/m 3.59m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.74m NOK to 5.79m NOK (+54.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 402.5k NOK → 857.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1 NOK → 2.46m NOK (+246007800.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.15× → 1.24×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.91m NOK → 3 NOK (51% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +965.9k NOK → +875.3k NOK (op. margin 25.8% → 15.1%). Calculated

  • ↓

    Net result weakened

    Net result +785.6k NOK → +665.0k NOK (net margin 21.0% → 11.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 200 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 6. Reported fact