ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 1998 vs 1997
Grew 5% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 5.25m NOK → 5.54m NOK (+5.4%). Equity 492.0k NOK → 291.2k 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 5.25m NOK to 5.54m NOK (+5.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +17.4k NOK → -191.7k NOK (op. margin 0.3% → -3.5%). Calculated
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↓
Equity eroded
Book equity 492.0k NOK → 291.2k NOK (equity ratio 5.8% → 2.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3.17m NOK → 3.98m NOK (60% → 72% of revenue). Calculated