ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 1997 vs 1996
Grew 6% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 4.96m NOK → 5.25m NOK (+5.8%). Equity 613.7k NOK → 492.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET PEDERSEN, REIER & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.96m NOK to 5.25m NOK (+5.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +462.6k NOK → +17.4k NOK (op. margin 9.3% → 0.3%). Calculated
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↓
Equity eroded
Book equity 613.7k NOK → 492.0k NOK (equity ratio 5.9% → 5.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.81m NOK → 3.17m NOK (57% → 60% of revenue). Calculated