ADVOKAT TOM HERMANSEN AS: årsregnskap 2003 vs 2002
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKAT TOM HERMANSEN AS. Revenue 1.86m NOK → 1.84m NOK (-1.2%). Equity 146.9k NOK → 136.9k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.86m NOK
1.84m NOK
-1.2%
Operating result
+403.5k NOK
+337.3k NOK
-16.4%
Equity
146.9k NOK
136.9k NOK
-6.8%
Total assets
54.1k NOK
839.1k NOK
+1451.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.86m NOK to 1.84m NOK (-1.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +403.5k NOK → +337.3k NOK (op. margin 21.7% → 18.4%). Calculated
-
↓
Equity eroded
Book equity 146.9k NOK → 136.9k NOK (equity ratio 271.6% → 16.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 002 NOK → 1.13m NOK (0% → 61% of revenue). Calculated