ADVOKATENE LÆGLAND, KOSBERG & HANISCH AS: årsregnskap 2003 vs 2002
Shrank 13% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKATENE LÆGLAND, KOSBERG & HANISCH AS. Revenue 855.9k NOK → 747.2k NOK (-12.7%). Equity 161.3k NOK → 101.0k 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
855.9k NOK
747.2k NOK
-12.7%
Operating result
+78.1k NOK
+74.0k NOK
-5.3%
Equity
161.3k NOK
101.0k NOK
-37.4%
Total assets
305.4k NOK
410.0k NOK
+34.3%
What improved
-
↑
Payroll decreased
Salary cost 1.68m NOK → 616.3k NOK (196% → 82% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 855.9k NOK to 747.2k NOK (-12.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +78.1k NOK → +74.0k NOK (op. margin 9.1% → 9.9%). Calculated
-
↓
Equity eroded
Book equity 161.3k NOK → 101.0k NOK (equity ratio 52.8% → 24.6%). Calculated