ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 1994 vs 1993
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 1.20m NOK → 1.15m NOK (-4.5%). Equity 25.6k NOK → 51.0k NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +36.2k NOK → +86.0k NOK (op. margin 3.0% → 7.5%). Calculated
-
↑
Equity strengthened
Book equity 25.6k NOK → 51.0k NOK (equity ratio 5.3% → 24.4%). Calculated
-
↑
Payroll decreased
Salary cost 483.2k NOK → 459.3k NOK (40% → 40% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.20m NOK to 1.15m NOK (-4.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.38× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated