FirmaIQ
Org.nr 982 409 705 2002 → 2003 Year-over-year analysis

ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2003 vs 2002

Grew 20% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMAET ARNTZEN AS. Revenue 129.16m NOK → 154.99m NOK (+20.0%). Net result +281.4k NOK → +437.9k NOK. Equity 100.0k NOK → 100.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET ARNTZEN AS.

At a glance

Scorecard

Revenue
129.16m NOK 154.99m NOK
+20.0%
Operating result
+53.94m NOK +80.39m NOK
+49.0%
Net result
+281.4k NOK +437.9k NOK
+55.7%
Equity
100.0k NOK 100.0k NOK
0.0%
Total assets
80.52m NOK 122.64m NOK
+52.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 129.16m NOK to 154.99m NOK (+20.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +53.94m NOK → +80.39m NOK (op. margin 41.8% → 51.9%). Calculated

  • ↑

    Net result improved

    Net result +281.4k NOK → +437.9k NOK (net margin 0.2% → 0.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 40.89m NOK → 2 NOK (32% → 0% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation