Org.nr 980 664 430 2008 → 2009 Year-over-year analysis

ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2009 vs 2008

Grew 62% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 2.97m NOK → 4.82m NOK (+62.5%). Net result +72.7k NOK → +219.1k NOK. Equity 137.1k NOK → 176.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS.

Scorecard

Revenue
2.97m NOK 4.82m NOK
+62.5%
Operating result
+104.1k NOK +319.9k NOK
+207.3%
Net result
+72.7k NOK +219.1k NOK
+201.4%
Equity
137.1k NOK 176.2k NOK
+28.5%
Total assets
1.06m NOK 1.44m NOK
+35.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.97m NOK to 4.82m NOK (+62.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +104.1k NOK → +319.9k NOK (op. margin 3.5% → 6.6%). Calculated

  • ↑

    Net result improved

    Net result +72.7k NOK → +219.1k NOK (net margin 2.4% → 4.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 137.1k NOK → 176.2k NOK (equity ratio 12.9% → 12.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 16.90×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.17m NOK → 3.46m NOK (73% → 72% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 78.2k NOK (None YoY). Calculated