ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2008 vs 2007
Shrank 33% on revenue, cash halved-plus
approved 2009-05-11; registry 2009-05-13
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 3.32m NOK → 2.22m NOK (-33.2%). Equity 62.5k NOK → 333.4k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 62.5k NOK → 333.4k NOK (equity ratio 36.2% → 35.3%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.58× → 1.49×. Calculated
-
↑
Payroll decreased
Salary cost 2.39m NOK → 1.38m NOK (72% → 62% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.32m NOK to 2.22m NOK (-33.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 642.4k NOK → 164.5k NOK (-74.4% YoY). Calculated