ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2008 vs 2007
Shrank 16% on revenue, fresh owner capital
approved 2009-06-16; registry 2009-06-29
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 287.8k NOK → 241.1k NOK (-16.2%). Equity 4.63m NOK → 672.6k NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: 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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↑
Owners injected capital
Paid-in equity rose 600 NOK → 600.0k NOK (+599.4k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 287.8k NOK to 241.1k NOK (-16.2% YoY). Calculated
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↓
Equity eroded
Book equity 4.63m NOK → 672.6k NOK (equity ratio 686.0% → 88.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 14.8k NOK → 52.1k NOK (5% → 22% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 463.2k NOK → 235.8k NOK. Reported fact