ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS: årsregnskap 2003 vs 2002
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMAET ANDERSEN & SNERTHAMMER AS. Revenue 3.47m NOK → 3.35m NOK (-3.6%). Net result +772.0k NOK → +610.0k NOK. Equity 514.4k NOK → 431.4k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.47m NOK
3.35m NOK
-3.6%
Operating result
+993.0k NOK
+779.8k NOK
-21.5%
Net result
+772.0k NOK
+610.0k NOK
-21.0%
Equity
514.4k NOK
431.4k NOK
-16.1%
Cash
1.18m NOK
913.2k NOK
-22.4%
Total assets
4.03m NOK
2.65m NOK
-34.4%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.47m NOK to 3.35m NOK (-3.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +993.0k NOK → +779.8k NOK (op. margin 28.6% → 23.3%). Calculated
-
↓
Net result weakened
Net result +772.0k NOK → +610.0k NOK (net margin 22.2% → 18.2%). Calculated
-
↓
Equity eroded
Book equity 514.4k NOK → 431.4k NOK (equity ratio 12.7% → 16.3%). Calculated
-
↓
Cash fell
Bank deposits 1.18m NOK → 913.2k NOK (-22.4% YoY). Calculated