Org.nr 989 397 672 2008 → 2009 Year-over-year analysis

ADVOKATFIRMAET RIISE & BROWN AS: årsregnskap 2009 vs 2008

Grew 10% on revenue, weaker earnings, fresh owner capital

approved 2010-04-28; registry 2010-10-02; journal 2010 771114

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMAET RIISE & BROWN AS. Revenue 2.22m NOK → 2.44m NOK (+9.7%). Net result +271.0k NOK → +54.1k NOK. Equity 333.4k NOK → 387.5k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RIISE & BROWN AS.

Scorecard

Revenue
2.22m NOK 2.44m NOK
+9.7%
Operating result
+98.6k NOK +20.9k NOK
-78.8%
Net result
+271.0k NOK +54.1k NOK
-80.0%
Equity
333.4k NOK 387.5k NOK
+16.2%
Cash
164.5k NOK 90.5k NOK
-45.0%
Total assets
944.2k NOK 24.9k NOK
-97.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.22m NOK to 2.44m NOK (+9.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 333.4k NOK → 387.5k NOK (equity ratio 35.3% → 1559.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 387.5k NOK (+287.5k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +98.6k NOK → +20.9k NOK (op. margin 4.4% → 0.9%). Calculated

  • ↓

    Net result weakened

    Net result +271.0k NOK → +54.1k NOK (net margin 12.2% → 2.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 164.5k NOK → 90.5k NOK (-45.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.38m NOK → 1.56m NOK (62% → 64% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 33.8k NOK → 125.6k NOK. Reported fact