ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2004 vs 2003
Grew 324% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 30.5k NOK → 129.3k NOK (+323.9%). Equity 61.9k NOK → 4.14m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA GRUNDEKJØN & CO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 30.5k NOK to 129.3k NOK (+323.9% YoY). Calculated
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Operating result improved
Operating result -57.1k NOK → -53.2k NOK (op. margin -187.3% → -41.2%). Calculated
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Equity strengthened
Book equity 61.9k NOK → 4.14m NOK (equity ratio 64.1% → 2432.0%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 200 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 6 415 NOK → 14.1k NOK (21% → 11% of revenue). Calculated