ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 2008 vs 2007
Mixed movements in the accounts
approved 2009-04-22; registry 2009-05-06
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 9.37m NOK → 9.06m NOK (-3.4%). Equity 309.1k NOK → -791.0k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.37m NOK to 9.06m NOK (-3.4% YoY). Calculated
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↓
Operating result weakened
Operating result -52.8k NOK → -1.53m NOK (op. margin -0.6% → -16.9%). Calculated
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↓
Equity eroded
Book equity 309.1k NOK → -791.0k NOK (equity ratio 10.0% → -37.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -37.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 984.9k NOK → 65.0k NOK. Reported fact