Org.nr 971 510 684 1996 → 1997 Year-over-year analysis

ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 1997 vs 1996

Grew 6% on revenue

Full company analysis · All year comparisons

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.

Scorecard

Revenue
4.96m NOK 5.25m NOK
+5.8%
Operating result
+462.6k NOK +17.4k NOK
-96.2%
Equity
613.7k NOK 492.0k NOK
-19.8%
Total assets
10.42m NOK 8.51m NOK
-18.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.96m NOK to 5.25m NOK (+5.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +462.6k NOK → +17.4k NOK (op. margin 9.3% → 0.3%). Calculated

  • ↓

    Equity eroded

    Book equity 613.7k NOK → 492.0k NOK (equity ratio 5.9% → 5.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2.81m NOK → 3.17m NOK (57% → 60% of revenue). Calculated