ADVOKATFIRMAET ÅKE SJØBERG AS: årsregnskap 2005 vs 2004
Grew 10% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMAET ÅKE SJØBERG AS. Revenue 3.36m NOK → 3.71m NOK (+10.4%). Equity 852.2k NOK → 119.6k NOK.
On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ÅKE SJØBERG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.36m NOK to 3.71m NOK (+10.4% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.73× → 1.21×. Calculated
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Payroll decreased
Salary cost 184.0k NOK → 2 005 NOK (5% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +2.46m NOK → +1.75m NOK (op. margin 73.2% → 47.0%). Calculated
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Equity eroded
Book equity 852.2k NOK → 119.6k NOK (equity ratio 15.6% → 3.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation