ADVOKAT, REVISOR RISHOVD AS: årsregnskap 2003 vs 2002
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKAT, REVISOR RISHOVD AS. Equity 326.7k NOK → -185.5k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT, REVISOR RISHOVD AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.00× → 733.18×. Calculated
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↑
Payroll decreased
Salary cost 8.82m NOK → 8.51m NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +61.2k NOK → -520.6k NOK. Calculated
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↓
Equity eroded
Book equity 326.7k NOK → -185.5k NOK (equity ratio 32.5% → -21.0%). Calculated
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↓
Cash fell
Bank deposits 420.2k NOK → 301.7k NOK (-28.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -21.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation