Org.nr 988 416 126 2007 → 2008 Year-over-year analysis

ADVOKATFIRMA RUNE H ERIKSEN AS: årsregnskap 2008 vs 2007

Grew 17% on revenue

approved 2009-01-31; registry 2009-04-16

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMA RUNE H ERIKSEN AS. Revenue 2.76m NOK → 3.23m NOK (+17.1%). Equity 241.9k NOK → 315.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA RUNE H ERIKSEN AS.

At a glance

Revenue

2.76m NOK 3.23m NOK

+17.1%

Operating result

n/m +1.97m NOK

—

Net result

+2 759 NOK n/m

—

Equity

241.9k NOK 315.5k NOK

+30.4%

Cash

1.43m NOK 2.13m NOK

+48.2%

Total assets

2.25m NOK 2.60m NOK

+15.6%

↑
Revenue rose

Operating income / revenue moved from 2.76m NOK to 3.23m NOK (+17.1% YoY). Calculated
↑
Equity strengthened

Book equity 241.9k NOK → 315.5k NOK (equity ratio 10.8% → 12.1%). Calculated
↑
Cash rose

Bank deposits 1.43m NOK → 2.13m NOK (+48.2% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 1.10× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 247.9k NOK → 172.5k NOK (-30.4% YoY). Calculated