Org.nr 981 255 062 2007 → 2008 Year-over-year analysis

ADVOKATFIRMA KNUT PEDERSEN AS: årsregnskap 2008 vs 2007

A steady year on the published lines

Full company analysis · All year comparisons

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.

Scorecard

Revenue
4.30m NOK 4.11m NOK
-4.4%
Operating result
+2.08m NOK +1.82m NOK
-12.5%
Net result
+1.59m NOK +1.44m NOK
-8.9%
Equity
3.81m NOK 5.25m NOK
+37.9%
Cash
2.88m NOK 4.95m NOK
+72.0%
Total assets
5.25m NOK 6.56m NOK
+24.9%

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