ADVOKATFIRMAET LEGALIS AS: årsregnskap 2004 vs 2003
Grew 339% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET LEGALIS AS. Revenue 51.6k NOK → 226.5k NOK (+339.1%). Net result +287.3k NOK → +6 001 NOK. Equity 105.1k NOK → 111.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET LEGALIS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 51.6k NOK to 226.5k NOK (+339.1% YoY). Calculated
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↑
Operating result improved
Operating result +23.0k NOK → +99.1k NOK (op. margin 44.6% → 43.8%). Calculated
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↑
Equity strengthened
Book equity 105.1k NOK → 111.1k NOK (equity ratio 27.5% → 28.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.87× → 1.20×. Calculated
What deteriorated
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↓
Net result weakened
Net result +287.3k NOK → +6 001 NOK (net margin 557.1% → 2.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 6.14m NOK (0% → 2711% of revenue). Calculated