ADVOKATFIRMA EUROJURIS NORD AS: årsregnskap 2007 vs 2006
Shrank 9% on revenue, weaker earnings
approved 2008-04-02; registry 2008-11-27
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVOKATFIRMA EUROJURIS NORD AS. Revenue 2.61m NOK → 2.36m NOK (-9.4%). Net result +313.3k NOK → +215.4k NOK. Equity 933.3k NOK → 148.7k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA EUROJURIS NORD AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.61m NOK to 2.36m NOK (-9.4% YoY). Calculated
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↓
Operating result weakened
Operating result +412.7k NOK → +281.7k NOK (op. margin 15.8% → 11.9%). Calculated
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↓
Net result weakened
Net result +313.3k NOK → +215.4k NOK (net margin 12.0% → 9.1%). Calculated
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↓
Equity eroded
Book equity 933.3k NOK → 148.7k NOK (equity ratio 50.6% → 8.6%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation