Org.nr 954 975 290 2002 → 2003 Year-over-year analysis

ADVOKATFIRMAET OSCAR IHLEBÆK AS: årsregnskap 2003 vs 2002

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ADVOKATFIRMAET OSCAR IHLEBÆK AS. Revenue 4.08m NOK → 4.05m NOK (-0.8%). Equity 336.3k NOK → 293.0k NOK.

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 OSCAR IHLEBÆK AS.

At a glance

Revenue

4.08m NOK 4.05m NOK

-0.8%

Operating result

+1.94m NOK +1.84m NOK

-5.1%

Equity

336.3k NOK 293.0k NOK

-12.9%

Total assets

3.36m NOK 2.93m NOK

-12.6%

↓
Revenue fell

Operating income / revenue moved from 4.08m NOK to 4.05m NOK (-0.8% YoY). Calculated
↓
Operating result weakened

Operating result +1.94m NOK → +1.84m NOK (op. margin 47.5% → 45.4%). Calculated
↓
Equity eroded

Book equity 336.3k NOK → 293.0k NOK (equity ratio 10.0% → 10.0%). Calculated
↓
Payroll up without matching revenue

Salary cost 1.09m NOK → 1.20m NOK (27% → 30% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 10.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation