FirmaIQ
Org.nr 970 920 420 2004 → 2005 Year-over-year analysis

ADVOKATFIRMAET HVATTUM AS: årsregnskap 2005 vs 2004

Shrank 5% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMAET HVATTUM AS. Revenue 1.63m NOK → 1.55m NOK (-5.2%). Equity 254.1k NOK → 293.3k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
1.63m NOK 1.55m NOK
-5.2%
Operating result
+79.3k NOK +100.0k NOK
+26.1%
Net result
n/m +39.2k NOK
—
Equity
254.1k NOK 293.3k NOK
+15.4%
Cash
198.9k NOK 131.5k NOK
-33.9%
Total assets
1.70m NOK 1.53m NOK
-9.6%

What improved

  • ↑

    Operating result improved

    Operating result +79.3k NOK → +100.0k NOK (op. margin 4.8% → 6.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 254.1k NOK → 293.3k NOK (equity ratio 15.0% → 19.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.63m NOK to 1.55m NOK (-5.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 198.9k NOK → 131.5k NOK (-33.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 890.3k NOK → 906.5k NOK (54% → 59% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 102.6k NOK → 84.2k NOK. Reported fact