FirmaIQ
Org.nr 991 266 852 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET HOLST STIFJELL AS: årsregnskap 2008 vs 2007

Shrank 24% on revenue, slipped into loss, cash halved-plus

approved 2009-06-30; registry 2009-12-21

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET HOLST STIFJELL AS. Revenue 1.59m NOK → 1.21m NOK (-23.6%). Net result +109.1k NOK → -242.27m NOK. Equity 245.1k NOK → 2 788 NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET HOLST STIFJELL AS.

At a glance

Scorecard

Revenue
1.59m NOK 1.21m NOK
-23.6%
Operating result
+159.8k NOK -280.9k NOK
-275.8%
Net result
+109.1k NOK -242.27m NOK
-222250.2%
Equity
245.1k NOK 2 788 NOK
-98.9%
Cash
120.2k NOK 12.1k NOK
-89.9%
Total assets
674.8k NOK 500.2k NOK
-25.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.59m NOK to 1.21m NOK (-23.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +159.8k NOK → -280.9k NOK (op. margin 10.1% → -23.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 109.1k NOK profit to a loss of 242.27m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 245.1k NOK → 2 788 NOK (equity ratio 36.3% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 120.2k NOK → 12.1k NOK (-89.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation