ADVOKATFIRMAET ROBERTSEN AS: årsregnskap 2008 vs 2007
Shrank 18% on revenue, weaker earnings
approved 2009-04-30; registry 2009-05-30
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET ROBERTSEN AS. Revenue 4.19m NOK → 3.44m NOK (-17.8%). Net result +335.4k NOK → +117.1k NOK. Equity 649.4k NOK → 766.5k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET ROBERTSEN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 649.4k NOK → 766.5k NOK (equity ratio 37.2% → 52.2%). Calculated
-
↑
Cash rose
Bank deposits 183.1k NOK → 754.7k NOK (+312.1% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.19m NOK to 3.44m NOK (-17.8% YoY). Calculated
-
↓
Net result weakened
Net result +335.4k NOK → +117.1k NOK (net margin 8.0% → 3.4%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 8 NOK → 1.58m NOK (0% → 46% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 10.0k NOK → 3 901 NOK (-61.0% YoY). Calculated