FirmaIQ
Org.nr 970 963 286 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET DENNIS R BRORSTRØM AS: årsregnskap 2008 vs 2007

Grew 32% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET DENNIS R BRORSTRØM AS. Revenue 1.77m NOK → 2.34m NOK (+31.8%). Net result +3 891 NOK → +388.1k NOK. Equity 761.6k NOK → 149.7k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET DENNIS R BRORSTRØM AS.

At a glance

Scorecard

Revenue
1.77m NOK 2.34m NOK
+31.8%
Operating result
+284.3k NOK +728.7k NOK
+156.3%
Net result
+3 891 NOK +388.1k NOK
+9873.8%
Equity
761.6k NOK 149.7k NOK
-80.3%
Cash
1.06m NOK 1.20m NOK
+12.3%
Total assets
6.73m NOK 6.01m NOK
-10.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.77m NOK to 2.34m NOK (+31.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +284.3k NOK → +728.7k NOK (op. margin 16.0% → 31.2%). Calculated

  • ↑

    Net result improved

    Net result +3 891 NOK → +388.1k NOK (net margin 0.2% → 16.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.06m NOK → 1.20m NOK (+12.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 761.6k NOK → 149.7k NOK (equity ratio 11.3% → 2.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation