ADVOKATFIRMAET FJELDHEIM AS: årsregnskap 2003 vs 2002
Grew 91% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMAET FJELDHEIM AS. Revenue 447.7k NOK → 857.3k NOK (+91.5%). Equity 100.3k NOK → 51.4k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
447.7k NOK
857.3k NOK
+91.5%
Operating result
+10.6k NOK
+103.8k NOK
+880.0%
Equity
100.3k NOK
51.4k NOK
-48.7%
Total assets
308.0k NOK
445.8k NOK
+44.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 447.7k NOK to 857.3k NOK (+91.5% YoY). Calculated
-
↑
Operating result improved
Operating result +10.6k NOK → +103.8k NOK (op. margin 2.4% → 12.1%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 100.3k NOK → 51.4k NOK (equity ratio 32.6% → 11.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated