ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2016 vs 2015
Shrank 9% on revenue, weaker earnings
approved 2017-04-07; registry 2017-05-08; journal 2017 310160
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 7.29m NOK → 6.61m NOK (-9.4%). Net result +670.8k NOK → +513.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 4.84m NOK → 4.51m NOK (66% → 68% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.29m NOK to 6.61m NOK (-9.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +925.0k NOK → +693.2k NOK (op. margin 12.7% → 10.5%). Calculated
-
↓
Net result weakened
Net result +670.8k NOK → +513.8k NOK (net margin 9.2% → 7.8%). Calculated
-
↓
Cash fell
Bank deposits 1.34m NOK → 697.1k NOK (-48.0% YoY). Calculated