Org.nr 987 665 440 2007 → 2008 Year-over-year analysis

ADVOKATFIRMAET SALOMON JOHANSEN AS: årsregnskap 2008 vs 2007

Grew 37% on revenue

approved 2009-05-18; registry 2009-09-01

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET SALOMON JOHANSEN AS. Revenue 8.83m NOK → 12.12m NOK (+37.3%). Net result +599.9k NOK → +697.2k NOK. Equity 1.21m NOK → 1.90m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
8.83m NOK 12.12m NOK
+37.3%
Operating result
+942.5k NOK n/m
—
Net result
+599.9k NOK +697.2k NOK
+16.2%
Equity
1.21m NOK 1.90m NOK
+57.8%
Cash
2.26m NOK 2.11m NOK
-6.6%
Total assets
7.04m NOK 8.06m NOK
+14.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.83m NOK to 12.12m NOK (+37.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +599.9k NOK → +697.2k NOK (net margin 6.8% → 5.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.21m NOK → 1.90m NOK (equity ratio 17.1% → 23.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.26m NOK → 2.11m NOK (-6.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7 NOK → 6.87m NOK (0% → 57% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 106.7k NOK → 108.0k NOK. Reported fact