ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 1998 vs 1997
Grew 101039% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 4 974 NOK → 5.03m NOK (+101038.5%). Equity 405.8k NOK → 93.8k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4 974 NOK to 5.03m NOK (+101038.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.85× → 1.00×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +918.5k NOK → +237.6k NOK (op. margin 18466.5% → 4.7%). Calculated
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↓
Equity eroded
Book equity 405.8k NOK → 93.8k NOK (equity ratio 9179.8% → 2.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 864 NOK → 1.65m NOK (37% → 33% of revenue). Calculated