ADVOKATFIRMAET AASEN AS: årsregnskap 2004 vs 2003
Shrank 46% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET AASEN AS. Revenue 1.67m NOK → 903.9k NOK (-46.0%). Net result +12.3k NOK → +37.7k NOK. Equity 191.3k NOK → 229.0k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +256.1k NOK → +420.8k NOK (op. margin 15.3% → 46.6%). Calculated
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↑
Net result improved
Net result +12.3k NOK → +37.7k NOK (net margin 0.7% → 4.2%). Calculated
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Equity strengthened
Book equity 191.3k NOK → 229.0k NOK (equity ratio 52.6% → 54.9%). Calculated
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Cash rose
Bank deposits 6 NOK → 12.0k NOK (+199916.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 472.5k NOK → 71.7k NOK (28% → 8% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.67m NOK to 903.9k NOK (-46.0% YoY). Calculated