ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS: årsregnskap 2008 vs 2007
Shrank 6% on revenue
Summary
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.
At a glance
Scorecard
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