FirmaIQ
Org.nr 889 032 782 2008 → 2009 Year-over-year analysis

ADVOKATFIRMAET NAVJORD AS: årsregnskap 2009 vs 2008

Stronger earnings

approved 2010-04-30; registry 2010-07-29; journal 2010 558550

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMAET NAVJORD AS. Revenue 901.1k NOK → 925.5k NOK (+2.7%). Net result +6 974 NOK → +36.0k NOK. Equity 48.7k NOK → 84.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET NAVJORD AS.

At a glance

Scorecard

Revenue
901.1k NOK 925.5k NOK
+2.7%
Operating result
+137.5k NOK +162.6k NOK
+18.3%
Net result
+6 974 NOK +36.0k NOK
+416.5%
Equity
48.7k NOK 84.7k NOK
+74.0%
Total assets
839.4k NOK 1.84m NOK
+119.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 901.1k NOK to 925.5k NOK (+2.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +137.5k NOK → +162.6k NOK (op. margin 15.3% → 17.6%). Calculated

  • ↑

    Net result improved

    Net result +6 974 NOK → +36.0k NOK (net margin 0.8% → 3.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 48.7k NOK → 84.7k NOK (equity ratio 5.8% → 4.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 448.4k NOK → 429.2k NOK (50% → 46% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 9 956 NOK → 1 177 NOK (-88.2% YoY). Calculated