FirmaIQ
Org.nr 980 664 430 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2008 vs 2007

Grew 11% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 2.67m NOK → 2.97m NOK (+11.2%). Net result +40.9k NOK → +72.7k NOK. Equity 264.4k NOK → 137.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS.

At a glance

Scorecard

Revenue
2.67m NOK 2.97m NOK
+11.2%
Operating result
+72.3k NOK +104.1k NOK
+44.1%
Net result
+40.9k NOK +72.7k NOK
+77.6%
Equity
264.4k NOK 137.1k NOK
-48.1%
Total assets
n/m 1.06m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.67m NOK to 2.97m NOK (+11.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +72.3k NOK → +104.1k NOK (op. margin 2.7% → 3.5%). Calculated

  • ↑

    Net result improved

    Net result +40.9k NOK → +72.7k NOK (net margin 1.5% → 2.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 264.4k NOK → 137.1k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.56× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.00m NOK → 2.17m NOK (75% → 73% of revenue). Calculated