FirmaIQ
Org.nr 987 902 248 2008 → 2009 Year-over-year analysis

ADVOKATFIRMA HOLTHE & CO AS: årsregnskap 2009 vs 2008

Shrank 26% on revenue

approved 2010-04-15; registry 2010-08-28; journal 2010 653473

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMA HOLTHE & CO AS. Revenue 5.45m NOK → 4.04m NOK (-25.9%). Equity 2.29m NOK → 2.29m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA HOLTHE & CO AS.

At a glance

Scorecard

Revenue
5.45m NOK 4.04m NOK
-25.9%
Operating result
+1.29m NOK +703.6k NOK
-45.4%
Net result
+909.9k NOK n/m
—
Equity
2.29m NOK 2.29m NOK
+0.1%
Cash
864.3k NOK 956.2k NOK
+10.6%
Total assets
3.77m NOK 3.66m NOK
-2.8%

What improved

  • ↑

    Equity strengthened

    Book equity 2.29m NOK → 2.29m NOK (equity ratio 60.8% → 62.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 864.3k NOK → 956.2k NOK (+10.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.45m NOK to 4.04m NOK (-25.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.29m NOK → +703.6k NOK (op. margin 23.7% → 17.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.68m NOK → 1.70m NOK (31% → 42% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 534.1k NOK → 66.0k NOK (-87.7% YoY). Calculated