ADVOKATFIRMA KNUT PEDERSEN AS: årsregnskap 2006 vs 2005
Shrank 93% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADVOKATFIRMA KNUT PEDERSEN AS. Revenue 200.0k NOK → 13.5k NOK (-93.3%). Net result +117.3k NOK → +3 975 NOK. Equity 217.3k NOK → 221.3k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA KNUT PEDERSEN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +153.4k NOK → +765.9k NOK (op. margin 76.7% → 5683.7%). Calculated
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Equity strengthened
Book equity 217.3k NOK → 221.3k NOK (equity ratio 31.5% → 4.5%). Calculated
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Cash rose
Bank deposits 5 540 NOK → 2.36m NOK (+42477.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 200.0k NOK to 13.5k NOK (-93.3% YoY). Calculated
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Net result weakened
Net result +117.3k NOK → +3 975 NOK (net margin 58.7% → 29.5%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 0 NOK → 22.1k NOK. Reported fact