FirmaIQ
Org.nr 980 664 430 2010 → 2011 Year-over-year analysis

ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2011 vs 2010

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 4.74m NOK → 4.92m NOK (+3.8%). Net result +227.3k NOK → +126.1k NOK. Equity 193.6k NOK → 199.7k NOK.

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

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

At a glance

Scorecard

Revenue
4.74m NOK 4.92m NOK
+3.8%
Operating result
+322.2k NOK +178.7k NOK
-44.5%
Net result
+227.3k NOK +126.1k NOK
-44.5%
Equity
193.6k NOK 199.7k NOK
+3.1%
Total assets
1.48m NOK 1.51m NOK
+1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.74m NOK to 4.92m NOK (+3.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 193.6k NOK → 199.7k NOK (equity ratio 13.0% → 13.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +322.2k NOK → +178.7k NOK (op. margin 6.8% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +227.3k NOK → +126.1k NOK (net margin 4.8% → 2.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.61m NOK → 4.02m NOK (76% → 82% of revenue). Calculated