Org.nr 995 903 318 2021 → 2022 Year-over-year analysis

ADVOKATFIRMAET RINGSBYE AS: årsregnskap 2022 vs 2021

Grew 7% on revenue, stronger earnings

approved 2023-04-30; registry 2023-05-03; journal 2023 382883

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKATFIRMAET RINGSBYE AS. Revenue 7.04m NOK → 7.53m NOK (+6.9%). Net result -41.8k NOK → -11.3k NOK. Equity 143.2k NOK → 131.9k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RINGSBYE AS.

Scorecard

Revenue
7.04m NOK 7.53m NOK
+6.9%
Operating result
+565.5k NOK +124.2k NOK
-78.0%
Net result
-41.8k NOK -11.3k NOK
+73.0%
Equity
143.2k NOK 131.9k NOK
-7.9%
Cash
160.2k NOK 240.0k NOK
+49.8%
Total assets
3.07m NOK 3.01m NOK
-2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.04m NOK to 7.53m NOK (+6.9% YoY). Calculated

  • ↑

    Net result improved

    Net result -41.8k NOK → -11.3k NOK (net margin -0.6% → -0.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 160.2k NOK → 240.0k NOK (+49.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +565.5k NOK → +124.2k NOK (op. margin 8.0% → 1.6%). Calculated

  • ↓

    Equity eroded

    Book equity 143.2k NOK → 131.9k NOK (equity ratio 4.7% → 4.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 4.66m NOK → 5.05m NOK (66% → 67% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 168.3k NOK → 604.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 4. Reported fact