Org.nr 992 617 853 2008 → 2009 Year-over-year analysis

ADVOKATFIRMAET ANGELSHAUG & CO AS: årsregnskap 2009 vs 2008

Grew 135710% on revenue, weaker earnings

approved 2010-04-28; registry 2010-05-05

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMAET ANGELSHAUG & CO AS. Revenue 2 935 NOK → 3.99m NOK (+135710.5%). Net result +303.0k NOK → +120.5k NOK. Equity 403.0k NOK → 271.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ANGELSHAUG & CO AS.

Scorecard

Revenue
2 935 NOK 3.99m NOK
+135710.5%
Operating result
+491.5k NOK +193.2k NOK
-60.7%
Net result
+303.0k NOK +120.5k NOK
-60.2%
Equity
403.0k NOK 271.4k NOK
-32.6%
Total assets
3.35m NOK 1.97m NOK
-41.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 935 NOK to 3.99m NOK (+135710.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +491.5k NOK → +193.2k NOK (op. margin 16746.9% → 4.8%). Calculated

  • ↓

    Net result weakened

    Net result +303.0k NOK → +120.5k NOK (net margin 10322.3% → 3.0%). Calculated

  • ↓

    Equity eroded

    Book equity 403.0k NOK → 271.4k NOK (equity ratio 12.0% → 13.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 603 NOK → 2.09m NOK (55% → 52% of revenue). Calculated