Org.nr 984 677 499 2007 → 2008 Year-over-year analysis

ADVOKATFIRMA TINGMANN AS: årsregnskap 2008 vs 2007

Grew 9% on revenue, slipped into loss, fresh owner capital

approved 2009-03-30; registry 2009-04-28

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMA TINGMANN AS. Revenue 9.69m NOK → 10.57m NOK (+9.1%). Net result +350.3k NOK → -557.2k NOK. Equity 934.4k NOK → 7.88m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA TINGMANN AS.

Scorecard

Revenue
9.69m NOK 10.57m NOK
+9.1%
Operating result
+605.7k NOK -708.6k NOK
-217.0%
Net result
+350.3k NOK -557.2k NOK
-259.1%
Equity
934.4k NOK 7.88m NOK
+743.0%
Cash
271.2k NOK 316.0k NOK
+16.5%
Total assets
5.27m NOK 4.25m NOK
-19.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.69m NOK to 10.57m NOK (+9.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 934.4k NOK → 7.88m NOK (equity ratio 17.7% → 185.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 271.2k NOK → 316.0k NOK (+16.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 721.0k NOK → 1.22m NOK (+500.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +605.7k NOK → -708.6k NOK (op. margin 6.3% → -6.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 350.3k NOK profit to a loss of 557.2k NOK. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.66m NOK → 7.60m NOK (58% → 72% of revenue). Calculated