FirmaIQ
Org.nr 977 470 064 2001 → 2002 Year-over-year analysis

ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 2002 vs 2001

Grew 17% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 7.15m NOK → 8.34m NOK (+16.7%). Equity 804.0k NOK → 38.9k 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

Revenue
7.15m NOK 8.34m NOK
+16.7%
Operating result
+614.9k NOK +56.2k NOK
-90.9%
Equity
804.0k NOK 38.9k NOK
-95.2%
Total assets
7.94m NOK 10.29m NOK
+29.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.15m NOK to 8.34m NOK (+16.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.83× → 1.16×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +614.9k NOK → +56.2k NOK (op. margin 8.6% → 0.7%). Calculated

  • ↓

    Equity eroded

    Book equity 804.0k NOK → 38.9k NOK (equity ratio 10.1% → 0.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.45m NOK → 3.89m NOK (48% → 47% of revenue). Calculated