ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 2009 vs 2008
Shrank 8% on revenue
approved 2010-04-27; registry 2010-05-04
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 9.06m NOK → 8.38m NOK (-7.5%). Equity -791.0k NOK → -831.8k NOK.
Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS.
At a glance
Scorecard
Revenue
9.06m NOK
8.38m NOK
-7.5%
Operating result
-1.53m NOK
n/m
—
Equity
-791.0k NOK
-831.8k NOK
-5.2%
Total assets
2.10m NOK
2.10m NOK
+0.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.06m NOK to 8.38m NOK (-7.5% YoY). Calculated
-
↓
Equity eroded
Book equity -791.0k NOK → -831.8k NOK (equity ratio -37.6% → -39.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -39.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation