ADVOKATFIRMAET KOPSTAD AS: årsregnskap 2005 vs 2004
Shrank 15% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMAET KOPSTAD AS. Revenue 3.94m NOK → 3.36m NOK (-14.9%). Net result +650.5k NOK → +518.0k NOK. Equity 370.6k NOK → 888.6k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOPSTAD AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 370.6k NOK → 888.6k NOK (equity ratio 2.3% → 46.9%). Calculated
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↑
Payroll decreased
Salary cost 2.04m NOK → 1.76m NOK (52% → 53% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.94m NOK to 3.36m NOK (-14.9% YoY). Calculated
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↓
Operating result weakened
Operating result +1.02m NOK → +712.7k NOK (op. margin 25.9% → 21.2%). Calculated
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↓
Net result weakened
Net result +650.5k NOK → +518.0k NOK (net margin 16.5% → 15.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10.0k NOK → 0 NOK. Reported fact