ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2003 vs 2002
Shrank 45% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 2.09m NOK → 1.14m NOK (-45.3%). Net result +149.5k NOK → +351.3k NOK. Equity 223.5k NOK → 219.8k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA ARE JOHNSEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +149.5k NOK → +351.3k NOK (net margin 7.1% → 30.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.09m NOK to 1.14m NOK (-45.3% YoY). Calculated
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↓
Operating result weakened
Operating result +393.0k NOK → +374.8k NOK (op. margin 18.8% → 32.7%). Calculated
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↓
Equity eroded
Book equity 223.5k NOK → 219.8k NOK. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 150.0k NOK → 505 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 53.0k NOK → 196.0k NOK. Reported fact