Org.nr 984 071 329 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2008 vs 2007

Grew 90% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET RØED AS. Revenue 939.3k NOK → 1.79m NOK (+90.5%). Net result +517.7k NOK → +98.9k NOK. Equity 924.7k NOK → 803.6k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET RØED AS.

Scorecard

Revenue
939.3k NOK 1.79m NOK
+90.5%
Operating result
+704.6k NOK +106.7k NOK
-84.9%
Net result
+517.7k NOK +98.9k NOK
-80.9%
Equity
924.7k NOK 803.6k NOK
-13.1%
Cash
3.63m NOK 3.25m NOK
-10.3%
Total assets
1.61m NOK 1.42m NOK
-11.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 939.3k NOK to 1.79m NOK (+90.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +704.6k NOK → +106.7k NOK (op. margin 75.0% → 6.0%). Calculated

  • ↓

    Net result weakened

    Net result +517.7k NOK → +98.9k NOK (net margin 55.1% → 5.5%). Calculated

  • ↓

    Equity eroded

    Book equity 924.7k NOK → 803.6k NOK (equity ratio 57.5% → 56.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.63m NOK → 3.25m NOK (-10.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 669.9k NOK → 951.5k NOK (71% → 53% of revenue). Calculated