ADVOKATFIRMAET SLOTTERØY AS: årsregnskap 2008 vs 2007
Grew 60% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ADVOKATFIRMAET SLOTTERØY AS. Revenue 462.9k NOK → 742.8k NOK (+60.5%). Net result +394.0k NOK → +66.5k NOK. Equity 494.0k NOK → 360.5k NOK.
On the constructive side: revenue rose; cash 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 SLOTTERØY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 462.9k NOK to 742.8k NOK (+60.5% YoY). Calculated
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↑
Cash rose
Bank deposits 218.2k NOK → 241.8k NOK (+10.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +250.4k NOK → +245.8k NOK (op. margin 54.1% → 33.1%). Calculated
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↓
Net result weakened
Net result +394.0k NOK → +66.5k NOK (net margin 85.1% → 8.9%). Calculated
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↓
Equity eroded
Book equity 494.0k NOK → 360.5k NOK (equity ratio 113.7% → 68.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 185 NOK → 297.3k NOK (0% → 40% of revenue). Calculated