ADVOKATSELSKAPET JUSTITIA AS: årsregnskap 2002 vs 2001
Grew 12% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ADVOKATSELSKAPET JUSTITIA AS. Revenue 3.37m NOK → 3.76m NOK (+11.6%). Net result +293.7k NOK → +357.6k NOK. Equity 503.8k NOK → 511.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVOKATSELSKAPET JUSTITIA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.37m NOK to 3.76m NOK (+11.6% YoY). Calculated
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Operating result improved
Operating result +350.2k NOK → +433.9k NOK (op. margin 10.4% → 11.5%). Calculated
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Net result improved
Net result +293.7k NOK → +357.6k NOK (net margin 8.7% → 9.5%). Calculated
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Equity strengthened
Book equity 503.8k NOK → 511.4k NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.38m NOK → 262.7k NOK (-88.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.38m NOK → 262.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 613.5k NOK → 418.5k NOK. Reported fact