ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2004 vs 2003
Grew 22% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 558.6k NOK → 681.4k NOK (+22.0%). Net result +10.6k NOK → -95.7k NOK. Equity 100.7k NOK → 505.0k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: fell into a net loss.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKAT BJØRN SOLTVEDT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 558.6k NOK to 681.4k NOK (+22.0% YoY). Calculated
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↑
Equity strengthened
Book equity 100.7k NOK → 505.0k NOK (equity ratio 11.4% → 530.7%). Calculated
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↑
Payroll decreased
Salary cost 2.28m NOK → 377.4k NOK (408% → 55% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 10.6k NOK profit to a loss of 95.7k NOK. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 600 NOK — check capital reduction, conversion, or reclassification. Interpretation