ADVOKAT24 AS: årsregnskap 2004 vs 2003
Grew 630% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKAT24 AS. Revenue 436.4k NOK → 3.19m NOK (+630.4%). Equity 15.9k NOK → 102.7k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT24 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 436.4k NOK to 3.19m NOK (+630.4% YoY). Calculated
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↑
Equity strengthened
Book equity 15.9k NOK → 102.7k NOK (equity ratio 7.0% → 4.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 1.17×. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost -558.2k NOK → 1.30m NOK (-128% → 41% of revenue). Calculated