ADVOKATFIRMA BLIKRA, SLOTTERØY & FONN AS: årsregnskap 2008 vs 2007
Shrank 22% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMA BLIKRA, SLOTTERØY & FONN AS. Revenue 4.48m NOK → 3.48m NOK (-22.3%). Net result +542.3k NOK → +99.0k NOK. Equity 307.7k NOK → 406.6k NOK.
On the constructive side: equity strengthened; payroll decreased. 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 307.7k NOK → 406.6k NOK (equity ratio 52.5% → 40.8%). Calculated
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↑
Payroll decreased
Salary cost 2.67m NOK → 2 008 NOK (60% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.48m NOK to 3.48m NOK (-22.3% YoY). Calculated
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↓
Operating result weakened
Operating result +758.8k NOK → +140.0k NOK (op. margin 17.0% → 4.0%). Calculated
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↓
Net result weakened
Net result +542.3k NOK → +99.0k NOK (net margin 12.1% → 2.8%). Calculated
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↓
Cash fell
Bank deposits 362.7k NOK → 271.4k NOK (-25.2% YoY). Calculated