Org.nr 989 980 122 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS: årsregnskap 2008 vs 2007

Shrank 6% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS. Revenue 2.25m NOK → 2.11m NOK (-6.2%). Equity 229.6k NOK → 1.42m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.25m NOK 2.11m NOK
-6.2%
Operating result
+971.5k NOK +455.6k NOK
-53.1%
Equity
229.6k NOK 1.42m NOK
+517.7%
Total assets
1.84m NOK 1.95m NOK
+5.8%

What improved

  • ↑

    Equity strengthened

    Book equity 229.6k NOK → 1.42m NOK (equity ratio 12.4% → 72.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.87× → 3.17×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.25m NOK to 2.11m NOK (-6.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +971.5k NOK → +455.6k NOK (op. margin 43.2% → 21.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 760.7k NOK → 1.06m NOK (34% → 50% of revenue). Calculated