ADVOKAT TOM HERMANSEN AS: årsregnskap 2004 vs 2003
Shrank 13% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKAT TOM HERMANSEN AS. Revenue 1.84m NOK → 1.59m NOK (-13.5%). Equity 136.9k NOK → 129.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.84m NOK
1.59m NOK
-13.5%
Operating result
+337.3k NOK
+246.6k NOK
-26.9%
Net result
n/m
+180.7k NOK
—
Equity
136.9k NOK
129.5k NOK
-5.4%
Total assets
839.1k NOK
649.3k NOK
-22.6%
What improved
-
↑
Payroll decreased
Salary cost 1.13m NOK → 1.07m NOK (61% → 67% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.84m NOK to 1.59m NOK (-13.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +337.3k NOK → +246.6k NOK (op. margin 18.4% → 15.5%). Calculated
-
↓
Equity eroded
Book equity 136.9k NOK → 129.5k NOK (equity ratio 16.3% → 19.9%). Calculated