ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2012 vs 2011
Shrank 92% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 4.92m NOK → 411.1k NOK (-91.6%). Net result +126.1k NOK → +67.8k NOK. Equity 199.7k NOK → 207.5k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 199.7k NOK → 207.5k NOK (equity ratio 13.2% → 14.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.92m NOK to 411.1k NOK (-91.6% YoY). Calculated
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↓
Operating result weakened
Operating result +178.7k NOK → +107.3k NOK (op. margin 3.6% → 26.1%). Calculated
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↓
Net result weakened
Net result +126.1k NOK → +67.8k NOK (net margin 2.6% → 16.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.02m NOK → 4.23m NOK (82% → 1029% of revenue). Calculated