FirmaIQ
Org.nr 995 903 318 2017 → 2018 Year-over-year analysis

ADVOKATFIRMAET RINGSBYE AS: årsregnskap 2018 vs 2017

Shrank 15% on revenue, slipped into loss, cash halved-plus

approved 2019-04-25; registry 2019-04-29; journal 2019 316616

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVOKATFIRMAET RINGSBYE AS. Revenue 2.21m NOK → 1.86m NOK (-15.5%). Net result +282.1k NOK → -287.9k NOK. Equity 608.9k NOK → 321.0k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.21m NOK 1.86m NOK
-15.5%
Net result
+282.1k NOK -287.9k NOK
-202.0%
Equity
608.9k NOK 321.0k NOK
-47.3%
Cash
43.4k NOK 6 629 NOK
-84.7%
Total assets
28.1k NOK 1.24m NOK
+4332.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.21m NOK to 1.86m NOK (-15.5% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 282.1k NOK profit to a loss of 287.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 608.9k NOK → 321.0k NOK (equity ratio 2169.4% → 25.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 43.4k NOK → 6 629 NOK (-84.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 299.0k NOK → 445.6k NOK (14% → 24% of revenue). Calculated