ADVOKATFIRMAET NAVJORD AS: årsregnskap 2007 vs 2006
Grew 14% on revenue, slipped into loss
approved 2008-04-01; registry 2008-07-15
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVOKATFIRMAET NAVJORD AS. Revenue 557.3k NOK → 634.0k NOK (+13.8%). Net result +98 NOK → -168.1k NOK. Equity 209.7k NOK → 41.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET NAVJORD AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 557.3k NOK to 634.0k NOK (+13.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +57.9k NOK → -168.0k NOK (op. margin 10.4% → -26.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 98 NOK profit to a loss of 168.1k NOK. Calculated
-
↓
Equity eroded
Book equity 209.7k NOK → 41.7k NOK (equity ratio 38.0% → 7.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 5 427 NOK → 504.2k NOK (1% → 80% of revenue). Calculated