ADVOKAT BIRGIT VINNES AS: årsregnskap 2024 vs 2023
Grew 28% on revenue, stronger earnings
approved 2025-03-25; registry 2025-04-03; journal 2025 362418
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT BIRGIT VINNES AS. Revenue 1.78m NOK → 2.27m NOK (+27.8%). Net result +409.9k NOK → +599.2k NOK. Equity 380.1k NOK → 279.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKAT BIRGIT VINNES AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.78m NOK to 2.27m NOK (+27.8% YoY). Calculated
-
↑
Operating result improved
Operating result +526.1k NOK → +769.9k NOK (op. margin 29.6% → 33.9%). Calculated
-
↑
Net result improved
Net result +409.9k NOK → +599.2k NOK (net margin 23.0% → 26.3%). Calculated
-
↑
Cash rose
Bank deposits 332.5k NOK → 521.2k NOK (+56.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 380.1k NOK → 279.4k NOK (equity ratio 39.0% → 119.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.56× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 874.9k NOK → 1.09m NOK (49% → 48% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 26.8k NOK → 21.1k NOK (-21.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 370 NOK → 370.4k NOK. Reported fact