ADVOKAT HANS HENRIK PETTERSEN AS: årsregnskap 2005 vs 2004
Shrank 92% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKAT HANS HENRIK PETTERSEN AS. Revenue 187.7k NOK → 15.0k NOK (-92.0%). Net result +50.3k NOK → -15.0k NOK. Equity 138.2k NOK → 123.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT HANS HENRIK PETTERSEN AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 76.7k NOK → 7 NOK (41% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 187.7k NOK to 15.0k NOK (-92.0% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 50.3k NOK profit to a loss of 15.0k NOK. Calculated
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↓
Equity eroded
Book equity 138.2k NOK → 123.2k NOK (equity ratio 33.9% → 32.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 23.2k NOK → 12.5k NOK (-46.1% YoY). Calculated