ADVOKAT TOM HERMANSEN AS: årsregnskap 1998 vs 1997
Shrank 20% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADVOKAT TOM HERMANSEN AS. Revenue 520.3k NOK → 417.9k NOK (-19.7%). Equity 123.6k NOK → 272.9k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
520.3k NOK
417.9k NOK
-19.7%
Operating result
+84.9k NOK
+555.4k NOK
+554.2%
Equity
123.6k NOK
272.9k NOK
+120.8%
Total assets
775.2k NOK
44.7k NOK
-94.2%
What improved
-
↑
Operating result improved
Operating result +84.9k NOK → +555.4k NOK (op. margin 16.3% → 132.9%). Calculated
-
↑
Equity strengthened
Book equity 123.6k NOK → 272.9k NOK (equity ratio 15.9% → 610.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 520.3k NOK to 417.9k NOK (-19.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 146.7k NOK → 362.3k NOK (28% → 87% of revenue). Calculated