Org.nr 992 833 424 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET HALVORSEN & CO AS: årsregnskap 2008 vs 2007

Grew 9174% on revenue

approved 2009-02-19; registry 2009-08-20

Full company analysis · All year comparisons

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.

Scorecard

Revenue
121 NOK 11.2k NOK
+9174.4%
Equity
519 NOK 6 517 NOK
+1155.7%
Total assets
813 NOK 5 166 NOK
+535.4%

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

  • ·

    Payroll increased

    Salary cost 301 NOK → 6 898 NOK (249% → 61% of revenue). Calculated