ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2004 vs 2003
Grew 9% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 2.81m NOK → 3.06m NOK (+8.8%). Net result +84.1k NOK → +309.4k NOK. Equity 253.5k NOK → 193.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
2.81m NOK
3.06m NOK
+8.8%
Operating result
+151.3k NOK
+450.9k NOK
+198.1%
Net result
+84.1k NOK
+309.4k NOK
+268.0%
Equity
253.5k NOK
193.0k NOK
-23.9%
Total assets
n/m
1.59m NOK
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.81m NOK to 3.06m NOK (+8.8% YoY). Calculated
-
↑
Operating result improved
Operating result +151.3k NOK → +450.9k NOK (op. margin 5.4% → 14.8%). Calculated
-
↑
Net result improved
Net result +84.1k NOK → +309.4k NOK (net margin 3.0% → 10.1%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 253.5k NOK → 193.0k NOK. Calculated