ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2003 vs 2002
Shrank 79% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 145.0k NOK → 30.5k NOK (-79.0%). Equity 119.0k NOK → 61.9k 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
145.0k NOK
30.5k NOK
-79.0%
Operating result
+9 NOK
-57.1k NOK
-634755.6%
Equity
119.0k NOK
61.9k NOK
-48.0%
Total assets
233.5k NOK
96.4k NOK
-58.7%
What improved
-
↑
Payroll decreased
Salary cost 35.1k NOK → 6 415 NOK (24% → 21% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 145.0k NOK to 30.5k NOK (-79.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +9 NOK → -57.1k NOK (op. margin 0.0% → -187.3%). Calculated
-
↓
Equity eroded
Book equity 119.0k NOK → 61.9k NOK (equity ratio 51.0% → 64.1%). Calculated