Org.nr 988 416 126 2008 → 2009 Year-over-year analysis

ADVOKATFIRMA RUNE H ERIKSEN AS: årsregnskap 2009 vs 2008

Shrank 10% on revenue

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMA RUNE H ERIKSEN AS. Revenue 3.23m NOK → 2.90m NOK (-10.1%). Equity 315.5k NOK → 319.1k NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

3.23m NOK 2.90m NOK

-10.1%

Operating result

+1.97m NOK +1.63m NOK

-17.1%

Net result

n/m +946 NOK

—

Equity

315.5k NOK 319.1k NOK

+1.1%

Cash

2.13m NOK 1.66m NOK

-21.7%

Total assets

2.60m NOK 2.42m NOK

-6.8%

↑
Equity strengthened

Book equity 315.5k NOK → 319.1k NOK (equity ratio 12.1% → 13.2%). Calculated
↑
Current ratio back above 1×

Current ratio 0.93× → 22.99×. Calculated

↓
Revenue fell

Operating income / revenue moved from 3.23m NOK to 2.90m NOK (-10.1% YoY). Calculated
↓
Operating result weakened

Operating result +1.97m NOK → +1.63m NOK (op. margin 60.9% → 56.2%). Calculated
↓
Cash fell

Bank deposits 2.13m NOK → 1.66m NOK (-21.7% YoY). Calculated
↓
COGS moved

COGS / varekostnad 172.5k NOK → 219.4k NOK (+27.2% YoY). Calculated