Org.nr 971 510 684 2003 → 2004 Year-over-year analysis

ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 2004 vs 2003

Grew 29% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 6.37m NOK → 8.20m NOK (+28.7%). Equity 172.9k NOK → 991.7k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET PEDERSEN, REIER & CO AS.

Scorecard

Revenue
6.37m NOK 8.20m NOK
+28.7%
Operating result
+583.8k NOK +722.2k NOK
+23.7%
Equity
172.9k NOK 991.7k NOK
+473.6%
Total assets
11.72m NOK 9.92m NOK
-15.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.37m NOK to 8.20m NOK (+28.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +583.8k NOK → +722.2k NOK (op. margin 9.2% → 8.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 172.9k NOK → 991.7k NOK (equity ratio 1.5% → 10.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.58m NOK → 3 NOK (56% → 0% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 27.0k NOK → 277.0k NOK. Reported fact