Org.nr 961 559 626 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET HORGEN AS: årsregnskap 2008 vs 2007

Slipped into loss

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET HORGEN AS. Net result +12.8k NOK → -3.08m NOK. Equity 175.1k NOK → 95.2k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HORGEN AS.

Scorecard

Operating result
+6 315 NOK -95.5k NOK
-1612.7%
Net result
+12.8k NOK -3.08m NOK
-24165.3%
Equity
175.1k NOK 95.2k NOK
-45.6%
Total assets
175.8k NOK 95.9k NOK
-45.4%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6 315 NOK → -95.5k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 12.8k NOK profit to a loss of 3.08m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 175.1k NOK → 95.2k NOK (equity ratio 99.6% → 99.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 261.56× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 2.00m NOK. Reported fact