FirmaIQ
Org.nr 995 903 318 2016 → 2017 Year-over-year analysis

ADVOKATFIRMAET RINGSBYE AS: årsregnskap 2017 vs 2016

Grew 50% on revenue, stronger earnings, cash halved-plus

approved 2018-05-31; registry 2018-06-11; journal 2018 456857

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMAET RINGSBYE AS. Revenue 1.47m NOK → 2.21m NOK (+50.3%). Net result +103.2k NOK → +282.1k NOK. Equity 326.7k NOK → 608.9k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RINGSBYE AS.

At a glance

Scorecard

Revenue
1.47m NOK 2.21m NOK
+50.3%
Operating result
+147.0k NOK n/m
—
Net result
+103.2k NOK +282.1k NOK
+173.3%
Equity
326.7k NOK 608.9k NOK
+86.4%
Cash
118.2k NOK 43.4k NOK
-63.3%
Total assets
811.1k NOK 28.1k NOK
-96.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.47m NOK to 2.21m NOK (+50.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +103.2k NOK → +282.1k NOK (net margin 7.0% → 12.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 326.7k NOK → 608.9k NOK (equity ratio 40.3% → 2169.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 592.9k NOK → 299.0k NOK (40% → 14% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 118.2k NOK → 43.4k NOK (-63.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 22.5k NOK → 5 NOK. Reported fact