ADVOKATFIRMAET DENNIS R BRORSTRØM AS: årsregnskap 2001 vs 2000
Grew 55% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ADVOKATFIRMAET DENNIS R BRORSTRØM AS. Revenue 1.76m NOK → 2.72m NOK (+54.7%). Net result +301.4k NOK → +720.6k NOK. Equity 469.4k NOK → 190.0k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; 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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Revenue rose
Operating income / revenue moved from 1.76m NOK to 2.72m NOK (+54.7% YoY). Calculated
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Net result improved
Net result +301.4k NOK → +720.6k NOK (net margin 17.1% → 26.5%). Calculated
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Cash rose
Bank deposits 594.8k NOK → 2.57m NOK (+332.7% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.93× → 1.20×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +683.1k NOK → +604.2k NOK (op. margin 38.8% → 22.2%). Calculated
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Equity eroded
Book equity 469.4k NOK → 190.0k NOK (equity ratio 11.1% → 3.0%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 239.0k NOK → 21.2k NOK. Reported fact