ADVOKATENE PÅ NORDSTRAND AS: årsregnskap 2008 vs 2007
Grew 69% on revenue, cash halved-plus
approved 2009-07-02; registry 2009-07-13
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATENE PÅ NORDSTRAND AS. Revenue 23.1k NOK → 39.1k NOK (+69.3%). Equity -501.2k NOK → -518.9k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATENE PÅ NORDSTRAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.1k NOK to 39.1k NOK (+69.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -501.2k NOK → -518.9k NOK (equity ratio -222.1% → -2699.1%). Calculated
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↓
Cash fell
Bank deposits 225.6k NOK → 19.2k NOK (-91.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.00× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2699.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation