FirmaIQ
Org.nr 989 980 122 2006 → 2007 Year-over-year analysis

ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS: årsregnskap 2007 vs 2006

Grew 122633% on revenue

approved 2008-05-27; registry 2008-08-29

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS. Revenue 1 834 NOK → 2.25m NOK (+122632.6%). Equity 465.1k NOK → 229.6k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS.

At a glance

Scorecard

Revenue
1 834 NOK 2.25m NOK
+122632.6%
Operating result
+393.8k NOK +971.5k NOK
+146.7%
Equity
465.1k NOK 229.6k NOK
-50.6%
Total assets
1.17m NOK 1.84m NOK
+57.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 834 NOK to 2.25m NOK (+122632.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +393.8k NOK → +971.5k NOK (op. margin 21471.4% → 43.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 465.1k NOK → 229.6k NOK (equity ratio 39.6% → 12.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.11× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 954 NOK → 760.7k NOK (161% → 34% of revenue). Calculated