ADVOKAT IMNA HARALD OTTERSTAD AS: årsregnskap 2003 vs 2002
Grew 30% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKAT IMNA HARALD OTTERSTAD AS. Revenue 1.84m NOK → 2.39m NOK (+29.8%). Equity 702.4k NOK → 645.6k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT IMNA HARALD OTTERSTAD AS.
At a glance
Scorecard
Revenue
1.84m NOK
2.39m NOK
+29.8%
Operating result
-12.6k NOK
+102.8k NOK
+913.7%
Equity
702.4k NOK
645.6k NOK
-8.1%
Total assets
1.56m NOK
1.73m NOK
+11.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.84m NOK to 2.39m NOK (+29.8% YoY). Calculated
-
↑
Operating result improved
Operating result -12.6k NOK → +102.8k NOK (op. margin -0.7% → 4.3%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 702.4k NOK → 645.6k NOK (equity ratio 45.1% → 37.3%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 988.1k NOK → 1.44m NOK (54% → 60% of revenue). Calculated