ADVOKATFIRMA VARJAG AS: årsregnskap 2000 vs 1999
Shrank 1945% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ADVOKATFIRMA VARJAG AS. Revenue -2 022 NOK → -41.4k NOK (-1945.1%). Net result +103.2k NOK → +50.0k NOK. Equity -242.7k NOK → -192.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMA VARJAG AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -242.7k NOK → -192.7k NOK (equity ratio -59.4% → -84.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from -2 022 NOK to -41.4k NOK (-1945.1% YoY). Calculated
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↓
Operating result weakened
Operating result +125.7k NOK → +62.8k NOK (op. margin -6214.6% → -151.8%). Calculated
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↓
Net result weakened
Net result +103.2k NOK → +50.0k NOK (net margin -5104.1% → -121.0%). Calculated
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↓
Cash fell
Bank deposits 213.8k NOK → 103.7k NOK (-51.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -84.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation