FirmaIQ
Org.nr 879 319 382 2003 → 2004 Year-over-year analysis

ADVOKAT SIGURD A REFVIK EIENDOM AS: årsregnskap 2004 vs 2003

Grew 196% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADVOKAT SIGURD A REFVIK EIENDOM AS. Revenue 252.8k NOK → 748.7k NOK (+196.1%). Equity 181.5k NOK → 100.3k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SIGURD A REFVIK EIENDOM AS.

At a glance

Scorecard

Revenue
252.8k NOK 748.7k NOK
+196.1%
Operating result
+206.1k NOK +476.6k NOK
+131.2%
Equity
181.5k NOK 100.3k NOK
-44.7%
Total assets
549.9k NOK 848.2k NOK
+54.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 252.8k NOK to 748.7k NOK (+196.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +206.1k NOK → +476.6k NOK (op. margin 81.5% → 63.7%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 181.5k NOK → 100.3k NOK (equity ratio 33.0% → 11.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.21× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.39m NOK → 4.48m NOK (1735% → 598% of revenue). Calculated