ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2009 vs 2008
Shrank 46% on revenue, weaker earnings
approved 2010-05-17; registry 2010-08-30; journal 2010 655939
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 1.77m NOK → 956.7k NOK (-46.0%). Net result +193.7k NOK → +44.3k NOK. Equity -791.1k NOK → -746.8k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -791.1k NOK → -746.8k NOK (equity ratio -1994.7% → -65.1%). Calculated
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↑
Cash rose
Bank deposits 81.4k NOK → 152.2k NOK (+87.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.77m NOK to 956.7k NOK (-46.0% YoY). Calculated
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↓
Operating result weakened
Operating result +273.1k NOK → +127.1k NOK (op. margin 15.4% → 13.3%). Calculated
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↓
Net result weakened
Net result +193.7k NOK → +44.3k NOK (net margin 10.9% → 4.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 695.0k NOK → 1.02m NOK (39% → 106% of revenue). Calculated