Org.nr 989 980 122 2008 → 2009 Year-over-year analysis

ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS: årsregnskap 2009 vs 2008

Grew 16% on revenue

approved 2010-06-02; registry 2010-08-25; journal 2010 633566

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMAET GROTLE. OLDERVEGGEN AS. Revenue 2.11m NOK → 2.45m NOK (+16.3%). Equity 1.42m NOK → 1.64m NOK.

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

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

At a glance

Revenue

2.11m NOK 2.45m NOK

+16.3%

Operating result

+455.6k NOK +23.8k NOK

-94.8%

Net result

n/m +516.8k NOK

—

Equity

1.42m NOK 1.64m NOK

+15.3%

Total assets

1.95m NOK 2.23m NOK

+14.1%

↑
Revenue rose

Operating income / revenue moved from 2.11m NOK to 2.45m NOK (+16.3% YoY). Calculated
↑
Equity strengthened

Book equity 1.42m NOK → 1.64m NOK (equity ratio 72.7% → 73.4%). Calculated

↓
Operating result weakened

Operating result +455.6k NOK → +23.8k NOK (op. margin 21.6% → 1.0%). Calculated

·
Payroll increased

Salary cost 1.06m NOK → 2.89m NOK (50% → 118% of revenue). Calculated