ADVOKATKOLLEGIET KINDEM & CO AS: årsregnskap 2006 vs 2005
Shrank 22% on revenue, slipped into loss, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADVOKATKOLLEGIET KINDEM & CO AS. Revenue 3.85m NOK → 3.01m NOK (-21.9%). Net result +205.2k NOK → -203.6k NOK. Equity 782.9k NOK → 779.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 894.9k NOK → 830.6k NOK (23% → 28% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.85m NOK to 3.01m NOK (-21.9% YoY). Calculated
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↓
Operating result weakened
Operating result +274.5k NOK → -307.9k NOK (op. margin 7.1% → -10.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 205.2k NOK profit to a loss of 203.6k NOK. Calculated
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↓
Equity eroded
Book equity 782.9k NOK → 779.3k NOK (equity ratio 366.6% → 73.4%). Calculated