FirmaIQ
Org.nr 926 046 438 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA RINGSTAD AS: årsregnskap 2024 vs 2023

Shrank 16% on revenue

approved 2025-01-31; registry 2025-02-05; journal 2025 305346

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA RINGSTAD AS. Revenue 3.11m NOK → 2.62m NOK (-15.9%). Net result +1.10m NOK → +1.15m NOK. Equity 3.51m NOK → 4.65m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA RINGSTAD AS.

At a glance

Scorecard

Revenue
3.11m NOK 2.62m NOK
-15.9%
Operating result
+1.32m NOK +1.30m NOK
-1.2%
Net result
+1.10m NOK +1.15m NOK
+4.4%
Equity
3.51m NOK 4.65m NOK
+32.7%
Cash
3.88m NOK 4.83m NOK
+24.5%
Total assets
4.22m NOK 5.37m NOK
+27.3%

What improved

  • ↑

    Equity strengthened

    Book equity 3.51m NOK → 4.65m NOK (equity ratio 83.1% → 86.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.88m NOK → 4.83m NOK (+24.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.11m NOK to 2.62m NOK (-15.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.32m NOK → +1.30m NOK (op. margin 42.4% → 49.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 20.6k NOK → 7 054 NOK (-65.8% YoY). Calculated