ADVOKATFIRMAET LIABØ & ØISTENSEN AS: årsregnskap 1999 vs 1998
Shrank 43% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVOKATFIRMAET LIABØ & ØISTENSEN AS. Revenue 1.89m NOK → 1.07m NOK (-43.3%). Net result +15.5k NOK → +30.6k NOK. Equity 1.63m NOK → 1.67m NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET LIABØ & ØISTENSEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +15.5k NOK → +30.6k NOK (net margin 0.8% → 2.9%). Calculated
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↑
Equity strengthened
Book equity 1.63m NOK → 1.67m NOK (equity ratio 69.3% → 71.2%). Calculated
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↑
Payroll decreased
Salary cost 321.7k NOK → 96.3k NOK (17% → 9% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.89m NOK to 1.07m NOK (-43.3% YoY). Calculated
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↓
Operating result weakened
Operating result -47.4k NOK → -201.3k NOK (op. margin -2.5% → -18.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.12m NOK → 881.7k NOK (-21.5% YoY). Calculated