ADVOKAT SIGURD A REFVIK EIENDOM AS: årsregnskap 2003 vs 2002
Shrank 80% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKAT SIGURD A REFVIK EIENDOM AS. Revenue 1.25m NOK → 252.8k NOK (-79.8%). Equity 106.0k NOK → 181.5k NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 106.0k NOK → 181.5k NOK (equity ratio 15.1% → 33.0%). Calculated
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↑
Owners injected capital
Paid-in equity rose 80.0k NOK → 100.0k NOK (+20.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.25m NOK to 252.8k NOK (-79.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +353.8k NOK → +206.1k NOK (op. margin 28.2% → 81.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.21m NOK → 4.39m NOK (335% → 1735% of revenue). Calculated