Org.nr 992 841 958 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET MIDGAARD & CO AS: årsregnskap 2008 vs 2007

Grew 12031% on revenue, cash halved-plus

approved 2009-04-30; registry 2009-08-29

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET MIDGAARD & CO AS. Revenue 42 NOK → 5 095 NOK (+12031.0%). Equity 416.4k NOK → 379.4k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET MIDGAARD & CO AS.

At a glance

Revenue

42 NOK 5 095 NOK

+12031.0%

Equity

416.4k NOK 379.4k NOK

-8.9%

Cash

114.6k NOK 363 NOK

-99.7%

Total assets

1.13m NOK 1.88m NOK

+66.4%

↑
Revenue rose

Operating income / revenue moved from 42 NOK to 5 095 NOK (+12031.0% YoY). Calculated

↓
Equity eroded

Book equity 416.4k NOK → 379.4k NOK (equity ratio 36.9% → 20.2%). Calculated
↓
Cash fell

Bank deposits 114.6k NOK → 363 NOK (-99.7% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 416.4k NOK → 400.0k NOK — check capital reduction, conversion, or reclassification. Interpretation