ADVOKATFIRMAET CAMPBELL & CO AS: årsregnskap 2003 vs 2002
Grew 17% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMAET CAMPBELL & CO AS. Revenue 5.99m NOK → 6.98m NOK (+16.6%). Net result +572.7k NOK → +372.5k NOK. Equity 2.68m NOK → 2.20m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
5.99m NOK
6.98m NOK
+16.6%
Operating result
+963.1k NOK
+716.1k NOK
-25.7%
Net result
+572.7k NOK
+372.5k NOK
-35.0%
Equity
2.68m NOK
2.20m NOK
-17.9%
Total assets
8.26m NOK
7.57m NOK
-8.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.99m NOK to 6.98m NOK (+16.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +963.1k NOK → +716.1k NOK (op. margin 16.1% → 10.3%). Calculated
-
↓
Net result weakened
Net result +572.7k NOK → +372.5k NOK (net margin 9.6% → 5.3%). Calculated
-
↓
Equity eroded
Book equity 2.68m NOK → 2.20m NOK (equity ratio 32.4% → 29.1%). Calculated