ADVOKATFIRMAET DENNIS R BRORSTRØM AS: årsregnskap 1999 vs 1998
Shrank 14% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVOKATFIRMAET DENNIS R BRORSTRØM AS. Revenue 2.30m NOK → 1.97m NOK (-14.3%). Net result +408.6k NOK → +420.0k NOK. Equity 477.9k NOK → 168.0k NOK.
On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET DENNIS R BRORSTRØM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +674.4k NOK → +772.2k NOK (op. margin 29.3% → 39.1%). Calculated
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Cash rose
Bank deposits 374.7k NOK → 666.4k NOK (+77.9% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.90× → 2.57×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.30m NOK to 1.97m NOK (-14.3% YoY). Calculated
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↓
Equity eroded
Book equity 477.9k NOK → 168.0k NOK (equity ratio 128.6% → 10.2%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 390.0k NOK → 50.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 336.4k NOK → 239.0k NOK. Reported fact