Org.nr 995 903 318 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET RINGSBYE AS: årsregnskap 2024 vs 2023

Shrank 41% on revenue, stronger earnings, cash halved-plus

approved 2025-05-12; registry 2025-05-14; journal 2025 431979

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET RINGSBYE AS. Revenue 7.05m NOK → 4.13m NOK (-41.4%). Net result -776.6k NOK → -119.9k NOK. Equity -644.7k NOK → -764.7k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RINGSBYE AS.

Scorecard

Revenue
7.05m NOK 4.13m NOK
-41.4%
Operating result
-604.5k NOK +30.7k NOK
+105.1%
Net result
-776.6k NOK -119.9k NOK
+84.6%
Equity
-644.7k NOK -764.7k NOK
-18.6%
Cash
277.1k NOK 61.6k NOK
-77.8%
Total assets
1.62m NOK 2.17m NOK
+33.8%

What improved

  • ↑

    Operating result improved

    Operating result -604.5k NOK → +30.7k NOK (op. margin -8.6% → 0.7%). Calculated

  • ↑

    Net result improved

    Net result -776.6k NOK → -119.9k NOK (net margin -11.0% → -2.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.31m NOK → 2.60m NOK (61% → 63% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.05m NOK to 4.13m NOK (-41.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -644.7k NOK → -764.7k NOK (equity ratio -39.8% → -35.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 277.1k NOK → 61.6k NOK (-77.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 432.3k NOK → 362.8k NOK. Reported fact