FirmaIQ
Org.nr 977 107 326 2004 → 2005 Year-over-year analysis

ADVOKATFIRMA ARE JOHNSEN AS: årsregnskap 2005 vs 2004

Shrank 11% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMA ARE JOHNSEN AS. Revenue 1.66m NOK → 1.48m NOK (-11.1%). Equity 128.2k NOK → -139.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA ARE JOHNSEN AS.

At a glance

Scorecard

Revenue
1.66m NOK 1.48m NOK
-11.1%
Operating result
+568.7k NOK n/m
—
Net result
+348.1k NOK n/m
—
Equity
128.2k NOK -139.3k NOK
-208.6%
Total assets
1.28m NOK 1.19m NOK
-6.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 567.2k NOK → 1 128 NOK (34% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.66m NOK to 1.48m NOK (-11.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 128.2k NOK → -139.3k NOK (equity ratio 10.0% → -11.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -11.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 496.0k NOK → 196.0k NOK. Reported fact