ADVOKATFIRMA RIISØEN AS: årsregnskap 2008 vs 2007
Grew 106% on revenue
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMA RIISØEN AS. Revenue 3.03m NOK → 6.22m NOK (+105.6%). Equity 4.40m NOK → 567.7k NOK.
On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: operating result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.03m NOK
6.22m NOK
+105.6%
Operating result
+457.1k NOK
+425.1k NOK
-7.0%
Equity
4.40m NOK
567.7k NOK
-87.1%
Total assets
105.9k NOK
4.11m NOK
+3781.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.03m NOK to 6.22m NOK (+105.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.15× → 1.13×. Calculated
-
↑
Payroll decreased
Salary cost 1.50m NOK → 4 153 NOK (50% → 0% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +457.1k NOK → +425.1k NOK (op. margin 15.1% → 6.8%). Calculated
-
↓
Equity eroded
Book equity 4.40m NOK → 567.7k NOK (equity ratio 4152.3% → 13.8%). Calculated