FirmaIQ
Org.nr 980 664 430 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2017 vs 2016

Grew 18% on revenue, cash halved-plus

approved 2018-03-26; registry 2018-04-26; journal 2018 286916

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 6.61m NOK → 7.77m NOK (+17.6%). Net result +513.8k NOK → +520.0k NOK. Equity 30.0k NOK → 30.0k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; cash fell.

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

At a glance

Scorecard

Revenue
6.61m NOK 7.77m NOK
+17.6%
Operating result
+693.2k NOK +689.2k NOK
-0.6%
Net result
+513.8k NOK +520.0k NOK
+1.2%
Equity
30.0k NOK 30.0k NOK
0.0%
Cash
697.1k NOK 111.6k NOK
-84.0%
Total assets
2.01m NOK 2.32m NOK
+15.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.61m NOK to 7.77m NOK (+17.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +693.2k NOK → +689.2k NOK (op. margin 10.5% → 8.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 697.1k NOK → 111.6k NOK (-84.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 4.51m NOK → 5.56m NOK (68% → 71% of revenue). Calculated