ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS: årsregnskap 2004 vs 2003
Shrank 12% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET LÆRUM, LIER, STENDE & BERVEN AS. Revenue 7.30m NOK → 6.44m NOK (-11.8%). Equity 728.8k NOK → 724.5k NOK.
On the constructive side: operating result improved; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. 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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↑
Operating result improved
Operating result -57.3k NOK → +709.9k NOK (op. margin -0.8% → 11.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.97× → 17.47×. Calculated
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↑
Payroll decreased
Salary cost 5.38m NOK → 2 004 NOK (74% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.30m NOK to 6.44m NOK (-11.8% YoY). Calculated
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↓
Equity eroded
Book equity 728.8k NOK → 724.5k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 11.4k NOK → 0 NOK. Reported fact