ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS: årsregnskap 2022 vs 2021
Grew 16% on revenue, weaker earnings
approved 2023-04-25; registry 2023-05-02; journal 2023 379836
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET RINGBERG, CROGH, WARTH & BJØRSVIK AS. Revenue 8.70m NOK → 10.10m NOK (+16.1%). Net result +804.0k NOK → +109.7k NOK. Equity 357.8k NOK → 1.47m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. 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
What improved
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Revenue rose
Operating income / revenue moved from 8.70m NOK to 10.10m NOK (+16.1% YoY). Calculated
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↑
Equity strengthened
Book equity 357.8k NOK → 1.47m NOK (equity ratio 9.6% → 38.5%). Calculated
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↑
Cash rose
Bank deposits 1.80m NOK → 1.81m NOK (+0.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.06m NOK → +136.7k NOK (op. margin 12.1% → 1.4%). Calculated
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↓
Net result weakened
Net result +804.0k NOK → +109.7k NOK (net margin 9.2% → 1.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.90m NOK → 8.21m NOK (68% → 81% of revenue). Calculated