ADVOKATFIRMA RAUGLAND AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMA RAUGLAND AS. Revenue 4.98m NOK → 4.82m NOK (-3.3%). Equity 161.9k NOK → 113.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA RAUGLAND AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.05m NOK → 2 005 NOK (41% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.98m NOK to 4.82m NOK (-3.3% YoY). Calculated
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↓
Operating result weakened
Operating result +63.1k NOK → +42.0k NOK (op. margin 1.3% → 0.9%). Calculated
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↓
Equity eroded
Book equity 161.9k NOK → 113.0k NOK (equity ratio 10.5% → 5.9%). Calculated
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↓
Cash fell
Bank deposits 608.6k NOK → 602.5k NOK (-1.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6.06× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation