ADVOKATFIRMA KNUT PEDERSEN AS: årsregnskap 2008 vs 2007
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMA KNUT PEDERSEN AS. Revenue 4.30m NOK → 4.11m NOK (-4.4%). Net result +1.59m NOK → +1.44m NOK. Equity 3.81m NOK → 5.25m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 3.81m NOK → 5.25m NOK (equity ratio 72.5% → 80.1%). Calculated
-
↑
Cash rose
Bank deposits 2.88m NOK → 4.95m NOK (+72.0% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.35m NOK → 2 007 NOK (31% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.30m NOK to 4.11m NOK (-4.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.08m NOK → +1.82m NOK (op. margin 48.5% → 44.4%). Calculated
-
↓
Net result weakened
Net result +1.59m NOK → +1.44m NOK (net margin 36.9% → 35.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.85× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated