ADVOKATFIRMAET RINGSBYE AS: årsregnskap 2021 vs 2020
Grew 63% on revenue, slipped into loss, cash halved-plus
approved 2022-04-30; registry 2022-05-07; journal 2022 263511
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET RINGSBYE AS. Revenue 4.32m NOK → 7.04m NOK (+63.1%). Net result +25.4k NOK → -41.8k NOK. Equity 635.0k NOK → 143.2k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. 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 4.32m NOK to 7.04m NOK (+63.1% YoY). Calculated
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Operating result improved
Operating result +266.6k NOK → +565.5k NOK (op. margin 6.2% → 8.0%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 25.4k NOK profit to a loss of 41.8k NOK. Calculated
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↓
Equity eroded
Book equity 635.0k NOK → 143.2k NOK (equity ratio 22.3% → 4.7%). Calculated
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Cash fell
Bank deposits 361.3k NOK → 160.2k NOK (-55.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.64m NOK → 4.66m NOK (61% → 66% of revenue). Calculated
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COGS fell
COGS / varekostnad 59.8k NOK → 20.3k NOK (-66.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 5 NOK → 168.3k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 2 → 3. Reported fact