ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2004 vs 2003
Grew 21% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 6.57m NOK → 7.94m NOK (+20.8%). Equity 7.36m NOK → 1.73m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS.
At a glance
Scorecard
Revenue
6.57m NOK
7.94m NOK
+20.8%
Operating result
+652.9k NOK
+302.5k NOK
-53.7%
Equity
7.36m NOK
1.73m NOK
-76.4%
Total assets
10.34m NOK
16.53m NOK
+59.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.57m NOK to 7.94m NOK (+20.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +652.9k NOK → +302.5k NOK (op. margin 9.9% → 3.8%). Calculated
-
↓
Equity eroded
Book equity 7.36m NOK → 1.73m NOK (equity ratio 71.2% → 10.5%). Calculated
Things to notice
-
·
Payroll increased
Salary cost -3.54m NOK → 3.07m NOK (-54% → 39% of revenue). Calculated