ADVOKATFIRMAET SGB AS: årsregnskap 2006 vs 2005
Shrank 9% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADVOKATFIRMAET SGB AS. Revenue 8.38m NOK → 7.64m NOK (-8.9%). Equity 2.88m NOK → 2.02m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET SGB AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.38m NOK to 7.64m NOK (-8.9% YoY). Calculated
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↓
Operating result weakened
Operating result +3.27m NOK → +2.02m NOK (op. margin 39.1% → 26.5%). Calculated
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↓
Equity eroded
Book equity 2.88m NOK → 2.02m NOK (equity ratio 43.2% → 44.6%). Calculated
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Payroll up without matching revenue
Salary cost 2.75m NOK → 3.32m NOK (33% → 44% of revenue). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 2.85m NOK → 1.96m NOK — check capital reduction, conversion, or reclassification. Interpretation