ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2018 vs 2017
Shrank 5% on revenue, weaker earnings
approved 2019-03-25; registry 2019-03-27; journal 2019 256779
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 7.77m NOK → 7.36m NOK (-5.3%). Net result +520.0k NOK → +409.2k NOK. Equity 30.0k NOK → 30.0k NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +689.2k NOK → +711.54m NOK (op. margin 8.9% → 9662.6%). Calculated
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↑
Cash rose
Bank deposits 111.6k NOK → 952.6k NOK (+753.9% YoY). Calculated
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Payroll decreased
Salary cost 5.56m NOK → 5.33m NOK (71% → 72% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.77m NOK to 7.36m NOK (-5.3% YoY). Calculated
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↓
Net result weakened
Net result +520.0k NOK → +409.2k NOK (net margin 6.7% → 5.6%). Calculated