FirmaIQ
Org.nr 884 665 582 2005 → 2006 Year-over-year analysis

ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS: årsregnskap 2006 vs 2005

Mixed movements in the accounts

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS. Revenue 9.58m NOK → 9.81m NOK (+2.4%). Equity 4.01m NOK → 1.02m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BJØRGE - SKAARAAS & CO AS.

At a glance

Scorecard

Revenue
9.58m NOK 9.81m NOK
+2.4%
Operating result
+3.26m NOK +3.44m NOK
+5.3%
Equity
4.01m NOK 1.02m NOK
-74.5%
Cash
n/m 1.62m NOK
—
Total assets
9.42m NOK 10.22m NOK
+8.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.58m NOK to 9.81m NOK (+2.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.26m NOK → +3.44m NOK (op. margin 34.0% → 35.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.01m NOK → 1.02m NOK (equity ratio 42.6% → 10.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 10.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.72m NOK → 3.90m NOK (39% → 40% of revenue). Calculated