Org.nr 988 334 715 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET SAEME AS: årsregnskap 2008 vs 2007

Shrank 32% on revenue

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET SAEME AS. Revenue 9.44m NOK → 6.44m NOK (-31.8%). Equity 5.14m NOK → 6.57m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET SAEME AS.

At a glance

Revenue

9.44m NOK 6.44m NOK

-31.8%

Operating result

+3.18m NOK +1.81m NOK

-43.0%

Equity

5.14m NOK 6.57m NOK

+27.8%

Total assets

9.90m NOK 8.20m NOK

-17.1%

↑
Equity strengthened

Book equity 5.14m NOK → 6.57m NOK (equity ratio 51.9% → 80.1%). Calculated
↑
Payroll decreased

Salary cost 3.72m NOK → 2.38m NOK (39% → 37% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.44m NOK to 6.44m NOK (-31.8% YoY). Calculated
↓
Operating result weakened

Operating result +3.18m NOK → +1.81m NOK (op. margin 33.6% → 28.1%). Calculated

·
COGS fell

COGS / varekostnad 804.4k NOK → 191.3k NOK (-76.2% YoY). Calculated