ADVOKATFIRMA OLAFSEN AS: årsregnskap 2009 vs 2008
Grew 151% on revenue, weaker earnings
approved 2010-04-30; registry 2010-05-12
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMA OLAFSEN AS. Revenue 623.6k NOK → 1.57m NOK (+151.0%). Net result +232.4k NOK → +4 063 NOK. Equity 250.7k NOK → 246.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA OLAFSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 623.6k NOK to 1.57m NOK (+151.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +312.2k NOK → -4 953 NOK (op. margin 50.1% → -0.3%). Calculated
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↓
Net result weakened
Net result +232.4k NOK → +4 063 NOK (net margin 37.3% → 0.3%). Calculated
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↓
Equity eroded
Book equity 250.7k NOK → 246.6k NOK (equity ratio 36.2% → 40.1%). Calculated
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↓
Cash fell
Bank deposits 510.9k NOK → 268.0k NOK (-47.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 15.4k NOK → 16.7k NOK. Reported fact