ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2007 vs 2006
Shrank 87% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 984.9k NOK → 131.4k NOK (-86.7%). Net result +5 290 NOK → +850.8k NOK. Equity -134.0k NOK → 984.8k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA ARE JOHNSEN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +92.1k NOK → +199.7k NOK (op. margin 9.4% → 151.9%). Calculated
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Net result improved
Net result +5 290 NOK → +850.8k NOK (net margin 0.5% → 647.2%). Calculated
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Equity strengthened
Book equity -134.0k NOK → 984.8k NOK (equity ratio -11.3% → 125.5%). Calculated
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Current ratio back above 1×
Current ratio 0.34× → 26.93×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 984.9k NOK to 131.4k NOK (-86.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 282.5k NOK → 637.7k NOK (29% → 485% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 696.0k NOK → 695 NOK. Reported fact