ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2005 vs 2004
Shrank 11% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 3.06m NOK → 2.73m NOK (-10.6%). Net result +309.4k NOK → +16.7k NOK. Equity 193.0k NOK → 209.6k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 193.0k NOK → 209.6k NOK (equity ratio 12.1% → 16.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.06m NOK to 2.73m NOK (-10.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +450.9k NOK → +72.8k NOK (op. margin 14.8% → 2.7%). Calculated
-
↓
Net result weakened
Net result +309.4k NOK → +16.7k NOK (net margin 10.1% → 0.6%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 400.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation