Org.nr 985 223 122 2004 → 2005 Year-over-year analysis

ADVOKATFIRMAET JOHNSRUD & CO AS: årsregnskap 2005 vs 2004

Grew 21% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMAET JOHNSRUD & CO AS. Revenue 6.94m NOK → 8.43m NOK (+21.4%). Equity 620.0k NOK → 230.2k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET JOHNSRUD & CO AS.

Scorecard

Revenue
6.94m NOK 8.43m NOK
+21.4%
Operating result
+1.63m NOK +2.17m NOK
+32.8%
Equity
620.0k NOK 230.2k NOK
-62.9%
Total assets
5.69m NOK 7.45m NOK
+30.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.94m NOK to 8.43m NOK (+21.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.63m NOK → +2.17m NOK (op. margin 23.5% → 25.7%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 620.0k NOK → 230.2k NOK (equity ratio 10.9% → 3.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 004 NOK → 4.37m NOK (0% → 52% of revenue). Calculated