ADVOKATFIRMAET RINGSBYE AS: årsregnskap 2019 vs 2018
Grew 87% on revenue, returned to profit
approved 2020-05-31; registry 2020-06-03; journal 2020 424735
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVOKATFIRMAET RINGSBYE AS. Revenue 1.86m NOK → 3.49m NOK (+87.1%). Net result -287.9k NOK → +438.6k NOK. Equity 321.0k NOK → 609.6k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET RINGSBYE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.86m NOK to 3.49m NOK (+87.1% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 287.9k NOK to a profit of 438.6k NOK. Calculated
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Equity strengthened
Book equity 321.0k NOK → 609.6k NOK (equity ratio 25.8% → 35.8%). Calculated
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Cash rose
Bank deposits 6 629 NOK → 48.9k NOK (+637.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 445.6k NOK → 1.51m NOK (24% → 43% of revenue). Calculated