Org.nr 982 409 705 2004 → 2005 Year-over-year analysis

ADVOKATFIRMAET ARNTZEN AS: årsregnskap 2005 vs 2004

Grew 12% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMAET ARNTZEN AS. Revenue 153.69m NOK → 172.87m NOK (+12.5%). Net result +486.0k NOK → +535.8k 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; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ARNTZEN AS.

Scorecard

Revenue
153.69m NOK 172.87m NOK
+12.5%
Operating result
+79.75m NOK +98.25m NOK
+23.2%
Net result
+486.0k NOK +535.8k NOK
+10.2%
Equity
100.0k NOK 100.0k NOK
0.0%
Total assets
99.89m NOK 108.09m NOK
+8.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 153.69m NOK to 172.87m NOK (+12.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +79.75m NOK → +98.25m NOK (op. margin 51.9% → 56.8%). Calculated

  • ↑

    Net result improved

    Net result +486.0k NOK → +535.8k NOK (net margin 0.3% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

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

  • ·

    Payroll increased

    Salary cost 40.94m NOK → 44.48m NOK (27% → 26% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 0 NOK. Reported fact