ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 8.20m NOK → 8.00m NOK (-2.3%). Equity 991.7k NOK → 973.2k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
8.20m NOK
8.00m NOK
-2.3%
Operating result
+722.2k NOK
+1.65m NOK
+128.8%
Equity
991.7k NOK
973.2k NOK
-1.9%
Total assets
9.92m NOK
9.44m NOK
-4.8%
What improved
-
↑
Operating result improved
Operating result +722.2k NOK → +1.65m NOK (op. margin 8.8% → 20.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.20m NOK to 8.00m NOK (-2.3% YoY). Calculated
-
↓
Equity eroded
Book equity 991.7k NOK → 973.2k NOK (equity ratio 10.0% → 10.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3 NOK → 4.25m NOK (0% → 53% of revenue). Calculated