FirmaIQ
Org.nr 974 675 366 2002 → 2003 Year-over-year analysis

ADVOKATFIRMAET LEGALIS AS: årsregnskap 2003 vs 2002

Grew 88% on revenue, returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMAET LEGALIS AS. Revenue 27.5k NOK → 51.6k NOK (+87.6%). Net result -76.5k NOK → +287.3k NOK. Equity 392.4k NOK → 105.1k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
27.5k NOK 51.6k NOK
+87.6%
Operating result
-155.5k NOK +23.0k NOK
+114.8%
Net result
-76.5k NOK +287.3k NOK
+475.4%
Equity
392.4k NOK 105.1k NOK
-73.2%
Total assets
623.0k NOK 382.6k NOK
-38.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.5k NOK to 51.6k NOK (+87.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -155.5k NOK → +23.0k NOK (op. margin -565.3% → 44.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 76.5k NOK to a profit of 287.3k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 76.1k NOK → 0 NOK (277% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 392.4k NOK → 105.1k NOK (equity ratio 63.0% → 27.5%). Calculated