Org.nr 971 510 684 1997 → 1998 Year-over-year analysis

ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 1998 vs 1997

Grew 5% on revenue

Full company analysis · All year comparisons

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.

Scorecard

Revenue
5.25m NOK 5.54m NOK
+5.4%
Operating result
+17.4k NOK -191.7k NOK
-1199.5%
Equity
492.0k NOK 291.2k NOK
-40.8%
Total assets
8.51m NOK 10.41m NOK
+22.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.25m NOK to 5.54m NOK (+5.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +17.4k NOK → -191.7k NOK (op. margin 0.3% → -3.5%). Calculated

  • ↓

    Equity eroded

    Book equity 492.0k NOK → 291.2k NOK (equity ratio 5.8% → 2.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.17m NOK → 3.98m NOK (60% → 72% of revenue). Calculated