ADVOKATFIRMAET HALVORSEN & CO AS: årsregnskap 2008 vs 2007
Grew 9174% on revenue
approved 2009-02-19; registry 2009-08-20
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET HALVORSEN & CO AS. Revenue 121 NOK → 11.2k NOK (+9174.4%). Equity 519 NOK → 6 517 NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HALVORSEN & CO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 121 NOK to 11.2k NOK (+9174.4% YoY). Calculated
-
↑
Equity strengthened
Book equity 519 NOK → 6 517 NOK (equity ratio 63.8% → 126.2%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.72× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 301 NOK → 6 898 NOK (249% → 61% of revenue). Calculated