ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2005 vs 2004
Shrank 19% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 681.4k NOK → 550.0k NOK (-19.3%). Equity 505.0k NOK → 427.1k NOK.
Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
681.4k NOK
550.0k NOK
-19.3%
Net result
-95.7k NOK
n/m
—
Equity
505.0k NOK
427.1k NOK
-15.4%
Total assets
95.2k NOK
809.5k NOK
+750.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 681.4k NOK to 550.0k NOK (-19.3% YoY). Calculated
-
↓
Equity eroded
Book equity 505.0k NOK → 427.1k NOK (equity ratio 530.7% → 52.8%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 377.4k NOK → 386.9k NOK (55% → 70% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 6 508 NOK → 73.7k NOK (+1032.8% YoY). Calculated