ADVOKATFIRMAET HASLE AS: årsregnskap 2008 vs 2007
Grew 438% on revenue, slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET HASLE AS. Revenue 726.6k NOK → 3.91m NOK (+438.2%). Net result +794.7k NOK → -277.3k NOK. Equity 1.02m NOK → 741.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HASLE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 726.6k NOK to 3.91m NOK (+438.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +103.5k NOK → -350.6k NOK (op. margin 14.2% → -9.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 794.7k NOK profit to a loss of 277.3k NOK. Calculated
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↓
Equity eroded
Book equity 1.02m NOK → 741.4k NOK (equity ratio 106.1% → 49.3%). Calculated
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↓
Cash fell
Bank deposits 30.25bn NOK → 151.6k NOK (-100.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (30.25bn NOK → 151.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 5 266 NOK → 2.79m NOK (1% → 71% of revenue). Calculated
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COGS moved
COGS / varekostnad 0 NOK → 17.6k NOK (None YoY). Calculated