ADVOCATIA NORWEGIAN LAW ALLIANCE AS: årsregnskap 2024 vs 2023
Shrank 36% on revenue, weaker earnings
approved 2025-04-30; registry 2025-05-27; journal 2025 431754
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOCATIA NORWEGIAN LAW ALLIANCE AS. Revenue 2.42m NOK → 1.53m NOK (-36.5%). Net result +130.4k NOK → +22.4k NOK. Equity 742.4k NOK → 764.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOCATIA NORWEGIAN LAW ALLIANCE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 742.4k NOK → 764.9k NOK (equity ratio 88.3% → 88.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.42m NOK to 1.53m NOK (-36.5% YoY). Calculated
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↓
Operating result weakened
Operating result +169.0k NOK → +27.2k NOK (op. margin 7.0% → 1.8%). Calculated
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↓
Net result weakened
Net result +130.4k NOK → +22.4k NOK (net margin 5.4% → 1.5%). Calculated
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↓
Cash fell
Bank deposits 379.5k NOK → 368.8k NOK (-2.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.89m NOK → 1.30m NOK (-31.4% YoY). Calculated