ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2007 vs 2006
Shrank 20% on revenue, stronger earnings
approved 2008-06-04; registry 2008-06-17
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 360.7k NOK → 287.8k NOK (-20.2%). Net result +2 006 NOK → +132.0k NOK. Equity 93.3k NOK → 4.63m NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA GRUNDEKJØN & CO AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +2 006 NOK → +132.0k NOK (net margin 0.6% → 45.9%). Calculated
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↑
Equity strengthened
Book equity 93.3k NOK → 4.63m NOK (equity ratio 33.0% → 686.0%). Calculated
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↑
Payroll decreased
Salary cost 25.8k NOK → 14.8k NOK (7% → 5% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 360.7k NOK to 287.8k NOK (-20.2% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 200.0k NOK → 600 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 10.6k NOK → 463.2k NOK. Reported fact