Org.nr 970 963 286 2002 → 2003 Year-over-year analysis

ADVOKATFIRMAET DENNIS R BRORSTRØM AS: årsregnskap 2003 vs 2002

Fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMAET DENNIS R BRORSTRØM AS. Revenue 3.79m NOK → 3.87m NOK (+2.1%). Net result +424.8k NOK → +444.4k NOK. Equity 1.61m NOK → 809.2k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET DENNIS R BRORSTRØM AS.

Scorecard

Revenue
3.79m NOK 3.87m NOK
+2.1%
Operating result
+890.7k NOK +109.0k NOK
-87.8%
Net result
+424.8k NOK +444.4k NOK
+4.6%
Equity
1.61m NOK 809.2k NOK
-49.9%
Cash
1.43m NOK 1.40m NOK
-2.4%
Total assets
5.36m NOK 6.86m NOK
+27.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.79m NOK to 3.87m NOK (+2.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +890.7k NOK → +109.0k NOK (op. margin 23.5% → 2.8%). Calculated

  • ↓

    Equity eroded

    Book equity 1.61m NOK → 809.2k NOK (equity ratio 30.1% → 11.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.43m NOK → 1.40m NOK (-2.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.54× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 256.2k NOK → 215.0k NOK. Reported fact