ADVOKAT VIDAR BROBAKKEN AS: årsregnskap 1997 vs 1996
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ADVOKAT VIDAR BROBAKKEN AS. Revenue 911.46m NOK → 786.1k NOK (-99.9%). Net result 0 NOK → 0 NOK. Equity 26.6k NOK → -138.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT VIDAR BROBAKKEN AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 457.92m NOK → 431.3k NOK (50% → 55% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 911.46m NOK to 786.1k NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result -9 947 NOK → -140.1k NOK (op. margin -0.0% → -17.8%). Calculated
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↓
Equity eroded
Book equity 26.6k NOK → -138.3k NOK (equity ratio 5.1% → -34.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -34.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation