FirmaIQ
Org.nr 979 393 172 2004 → 2005 Year-over-year analysis

ADVOKATFIRMAET LYSØ AS: årsregnskap 2005 vs 2004

Shrank 9% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMAET LYSØ AS. Revenue 3.48m NOK → 3.15m NOK (-9.5%). Net result +42.4k NOK → +59.6k NOK. Equity 103.7k NOK → 44.1k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET LYSØ AS.

At a glance

Scorecard

Revenue
3.48m NOK 3.15m NOK
-9.5%
Operating result
+122.8k NOK +19.1k NOK
-84.5%
Net result
+42.4k NOK +59.6k NOK
+40.5%
Equity
103.7k NOK 44.1k NOK
-57.4%
Total assets
2.36m NOK 1.51m NOK
-35.9%

What improved

  • ↑

    Net result improved

    Net result +42.4k NOK → +59.6k NOK (net margin 1.2% → 1.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.48m NOK to 3.15m NOK (-9.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +122.8k NOK → +19.1k NOK (op. margin 3.5% → 0.6%). Calculated

  • ↓

    Equity eroded

    Book equity 103.7k NOK → 44.1k NOK (equity ratio 4.4% → 2.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.26m NOK → 2.29m NOK (65% → 73% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 30.4k NOK → 64.4k NOK (+112.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation