FirmaIQ
Org.nr 970 920 420 2008 → 2009 Year-over-year analysis

ADVOKATFIRMAET HVATTUM AS: årsregnskap 2009 vs 2008

Shrank 18% on revenue

approved 2010-02-08; registry 2010-03-10

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMAET HVATTUM AS. Revenue 1.93m NOK → 1.58m NOK (-18.1%). Net result +91.5k NOK → +97.0k NOK. Equity 570.5k NOK → 667.4k NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
1.93m NOK 1.58m NOK
-18.1%
Net result
+91.5k NOK +97.0k NOK
+6.0%
Equity
570.5k NOK 667.4k NOK
+17.0%
Cash
154.8k NOK 282.0k NOK
+82.1%
Total assets
1.95m NOK 1.66m NOK
-15.1%

What improved

  • ↑

    Net result improved

    Net result +91.5k NOK → +97.0k NOK (net margin 4.8% → 6.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 570.5k NOK → 667.4k NOK (equity ratio 29.3% → 40.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 154.8k NOK → 282.0k NOK (+82.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.93m NOK to 1.58m NOK (-18.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.32m NOK → 7.80m NOK (68% → 494% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 32.0k NOK → 39.5k NOK. Reported fact