Org.nr 995 903 318 2014 → 2015 Year-over-year analysis

ADVOKATFIRMAET RINGSBYE AS: årsregnskap 2015 vs 2014

Grew 8% on revenue, weaker earnings

approved 2016-06-15; registry 2016-07-05; journal 2016 627417

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADVOKATFIRMAET RINGSBYE AS. Revenue 1.17m NOK → 1.27m NOK (+8.5%). Net result -72.3k NOK → -114.1k NOK. Equity 337.6k NOK → 223.5k NOK.

On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.17m NOK 1.27m NOK
+8.5%
Operating result
-89.4k NOK -128.4k NOK
-43.6%
Net result
-72.3k NOK -114.1k NOK
-57.7%
Equity
337.6k NOK 223.5k NOK
-33.8%
Cash
50.6k NOK 45.7k NOK
-9.8%
Total assets
788.6k NOK 580.7k NOK
-26.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.17m NOK to 1.27m NOK (+8.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.40× → 1.04×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.30m NOK → 418.7k NOK (111% → 33% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -89.4k NOK → -128.4k NOK (op. margin -7.6% → -10.1%). Calculated

  • ↓

    Net result weakened

    Net result -72.3k NOK → -114.1k NOK (net margin -6.2% → -9.0%). Calculated

  • ↓

    Equity eroded

    Book equity 337.6k NOK → 223.5k NOK (equity ratio 42.8% → 38.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 50.6k NOK → 45.7k NOK (-9.8% YoY). Calculated