Org.nr 984 071 329 2003 → 2004 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2004 vs 2003

Grew 683% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET RØED AS. Revenue 180.2k NOK → 1.41m NOK (+682.5%). Net result +257.5k NOK → +210.1k NOK. Equity 122.8k NOK → 112.9k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET RØED AS.

Scorecard

Revenue
180.2k NOK 1.41m NOK
+682.5%
Operating result
+415.7k NOK +386.3k NOK
-7.1%
Net result
+257.5k NOK +210.1k NOK
-18.4%
Equity
122.8k NOK 112.9k NOK
-8.1%
Total assets
791.4k NOK 1 049 NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 180.2k NOK to 1.41m NOK (+682.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +415.7k NOK → +386.3k NOK (op. margin 230.6% → 27.4%). Calculated

  • ↓

    Net result weakened

    Net result +257.5k NOK → +210.1k NOK (net margin 142.9% → 14.9%). Calculated

  • ↓

    Equity eroded

    Book equity 122.8k NOK → 112.9k NOK (equity ratio 15.5% → 10759.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.09× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 434.8k NOK → 532.7k NOK (241% → 38% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 5 751 NOK (None YoY). Calculated