ADVOKAT IMNA HARALD OTTERSTAD AS: årsregnskap 2004 vs 2003
Shrank 9% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKAT IMNA HARALD OTTERSTAD AS. Revenue 2.39m NOK → 2.18m NOK (-9.0%). Equity 645.6k NOK → 360.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.39m NOK
2.18m NOK
-9.0%
Operating result
+102.8k NOK
-85.3k NOK
-183.0%
Equity
645.6k NOK
360.6k NOK
-44.1%
Total assets
1.73m NOK
1.35m NOK
-21.8%
What improved
-
↑
Payroll decreased
Salary cost 1.44m NOK → 1.38m NOK (60% → 63% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.39m NOK to 2.18m NOK (-9.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +102.8k NOK → -85.3k NOK (op. margin 4.3% → -3.9%). Calculated
-
↓
Equity eroded
Book equity 645.6k NOK → 360.6k NOK (equity ratio 37.3% → 26.7%). Calculated