ADVOKATFIRMAET RINGSBYE AS: årsregnskap 2023 vs 2022
Shrank 6% on revenue, weaker earnings
approved 2024-04-30; registry 2024-05-29; journal 2024 455513
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVOKATFIRMAET RINGSBYE AS. Revenue 7.53m NOK → 7.05m NOK (-6.4%). Net result -11.3k NOK → -776.6k NOK. Equity 131.9k NOK → -644.7k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RINGSBYE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 240.0k NOK → 277.1k NOK (+15.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 5.05m NOK → 4.31m NOK (67% → 61% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.53m NOK to 7.05m NOK (-6.4% YoY). Calculated
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↓
Operating result weakened
Operating result +124.2k NOK → -604.5k NOK (op. margin 1.6% → -8.6%). Calculated
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↓
Net result weakened
Net result -11.3k NOK → -776.6k NOK (net margin -0.1% → -11.0%). Calculated
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↓
Equity eroded
Book equity 131.9k NOK → -644.7k NOK (equity ratio 4.4% → -39.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -39.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 604.0k NOK → 432.3k NOK. Reported fact