Org.nr 979 423 438 2008 → 2009 Year-over-year analysis

ADVOKATFIRMAET MORTEN PERSEN AS: årsregnskap 2009 vs 2008

Grew 37799% on revenue, cash halved-plus

approved 2010-12-30; registry 2011-01-06; journal 2011 300166

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMAET MORTEN PERSEN AS. Revenue 1 767 NOK → 669.7k NOK (+37798.5%). Equity 629.6k NOK → 407.4k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET MORTEN PERSEN AS.

At a glance

Revenue

1 767 NOK 669.7k NOK

+37798.5%

Operating result

+738.7k NOK -300.8k NOK

-140.7%

Equity

629.6k NOK 407.4k NOK

-35.3%

Cash

800.9k NOK 72.0k NOK

-91.0%

Total assets

1.53m NOK 674.8k NOK

-55.8%

↑
Revenue rose

Operating income / revenue moved from 1 767 NOK to 669.7k NOK (+37798.5% YoY). Calculated

↓
Operating result weakened

Operating result +738.7k NOK → -300.8k NOK (op. margin 41806.6% → -44.9%). Calculated
↓
Equity eroded

Book equity 629.6k NOK → 407.4k NOK (equity ratio 41.2% → 60.4%). Calculated
↓
Cash fell

Bank deposits 800.9k NOK → 72.0k NOK (-91.0% YoY). Calculated

·
Payroll increased

Salary cost 152.4k NOK → 3.46m NOK (8627% → 517% of revenue). Calculated
·
COGS fell

COGS / varekostnad 876.3k NOK → 511.3k NOK (-41.7% YoY). Calculated