Org.nr 980 664 430 2004 → 2005 Year-over-year analysis

ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2005 vs 2004

Shrank 11% on revenue, weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
3.06m NOK 2.73m NOK
-10.6%
Operating result
+450.9k NOK +72.8k NOK
-83.9%
Net result
+309.4k NOK +16.7k NOK
-94.6%
Equity
193.0k NOK 209.6k NOK
+8.6%
Total assets
1.59m NOK 1.28m NOK
-19.6%

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