Org.nr 982 791 553 2003 → 2004 Year-over-year analysis

ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2004 vs 2003

Returned to profit

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Net result -113.7k NOK → +113.7k NOK. Equity -146.3k NOK → -260.1k NOK.

On the constructive side: turned profitable. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLDEN OG RINGERUD AS.

Scorecard

Revenue
514 NOK n/m
—
Operating result
-44.5k NOK -113.6k NOK
-155.3%
Net result
-113.7k NOK +113.7k NOK
+200.0%
Equity
-146.3k NOK -260.1k NOK
-77.7%
Cash
1 207 NOK 948 NOK
-21.5%
Total assets
104.7k NOK 948 NOK
-99.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 113.7k NOK to a profit of 113.7k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -44.5k NOK → -113.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -146.3k NOK → -260.1k NOK (equity ratio -139.8% → -27431.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -27431.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation