ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS: årsregnskap 2004 vs 2003
Grew 201791% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS. Revenue 8 107 NOK → 16.37m NOK (+201790.9%). Net result +45.0k NOK → +88.1k NOK. Equity 147.0k NOK → 235.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 8 107 NOK to 16.37m NOK (+201790.9% YoY). Calculated
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Operating result improved
Operating result +2 847 NOK → +5.07m NOK (op. margin 35.1% → 30.9%). Calculated
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Net result improved
Net result +45.0k NOK → +88.1k NOK (net margin 555.2% → 0.5%). Calculated
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Equity strengthened
Book equity 147.0k NOK → 235.1k NOK (equity ratio 732.8% → 1.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 64.5k NOK → 9.19m NOK. Reported fact