ADVOKAT LEIF STRØM AS: årsregnskap 2005 vs 2004
Shrank 17% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKAT LEIF STRØM AS. Revenue 1.53m NOK → 1.27m NOK (-17.3%). Equity 219.9k NOK → 214.5k 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
1.53m NOK
1.27m NOK
-17.3%
Operating result
+224.8k NOK
+8 106 NOK
-96.4%
Net result
+117.0k NOK
n/m
—
Equity
219.9k NOK
214.5k NOK
-2.5%
Total assets
263.8k NOK
1.35m NOK
+410.1%
What improved
-
↑
Payroll decreased
Salary cost 1.54m NOK → 530.7k NOK (101% → 42% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.53m NOK to 1.27m NOK (-17.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +224.8k NOK → +8 106 NOK (op. margin 14.7% → 0.6%). Calculated
-
↓
Equity eroded
Book equity 219.9k NOK → 214.5k NOK (equity ratio 83.4% → 15.9%). Calculated