Org.nr 959 458 944 2005 → 2006 Year-over-year analysis

ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2006 vs 2005

Shrank 9% on revenue, fresh owner capital

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 550.0k NOK → 499.0k NOK (-9.3%). Equity 427.1k NOK → 247.6k NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT BJØRN SOLTVEDT AS.

At a glance

Revenue

550.0k NOK 499.0k NOK

-9.3%

Equity

427.1k NOK 247.6k NOK

-42.0%

Total assets

809.5k NOK 665.2k NOK

-17.8%

↑
Owners injected capital

Paid-in equity rose 950 NOK → 950.0k NOK (+949.0k NOK). Reported fact
↑
Payroll decreased

Salary cost 386.9k NOK → 325.4k NOK (70% → 65% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 550.0k NOK to 499.0k NOK (-9.3% YoY). Calculated
↓
Equity eroded

Book equity 427.1k NOK → 247.6k NOK (equity ratio 52.8% → 37.2%). Calculated