ADVOKATFIRMA VARJAG AS: årsregnskap 2009 vs 2008
Shrank 17% on revenue, cash halved-plus
approved 2010-05-03; registry 2010-05-10
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMA VARJAG AS. Revenue 5.19m NOK → 4.31m NOK (-17.0%). Equity 602.3k NOK → 588.0k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
5.19m NOK
4.31m NOK
-17.0%
Equity
602.3k NOK
588.0k NOK
-2.4%
Cash
453.4k NOK
62.7k NOK
-86.2%
Total assets
3.04m NOK
3.17m NOK
+4.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.19m NOK to 4.31m NOK (-17.0% YoY). Calculated
-
↓
Equity eroded
Book equity 602.3k NOK → 588.0k NOK (equity ratio 19.8% → 18.5%). Calculated
-
↓
Cash fell
Bank deposits 453.4k NOK → 62.7k NOK (-86.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.79m NOK → 3.03m NOK (54% → 70% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 343.2k NOK → 388.0k NOK (+13.1% YoY). Calculated