ADVOKAT LEIF STRØM AS: årsregnskap 2004 vs 2003
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKAT LEIF STRØM AS. Revenue 0 NOK → 1.53m NOK. Net result +2 324 NOK → +117.0k NOK. Equity 103.0k NOK → 219.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT LEIF STRØM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.53m NOK. Calculated
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↑
Operating result improved
Operating result 0 NOK → +224.8k NOK. Calculated
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↑
Net result improved
Net result +2 324 NOK → +117.0k NOK. Calculated
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↑
Equity strengthened
Book equity 103.0k NOK → 219.9k NOK (equity ratio 92.5% → 83.4%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 13.07× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 1.54m NOK. Calculated