FirmaIQ
Org.nr 959 458 944 2023 → 2024 Year-over-year analysis

ADVOKAT BJØRN SOLTVEDT AS: årsregnskap 2024 vs 2023

Shrank 63% on revenue

approved 2025-03-20; registry 2025-03-26; journal 2025 349329

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT BJØRN SOLTVEDT AS. Revenue 874.8k NOK → 327.9k NOK (-62.5%). Net result +9 758 NOK → +1 461 NOK. Equity 555.7k NOK → 557.1k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
874.8k NOK 327.9k NOK
-62.5%
Operating result
+7 054 NOK +6 579 NOK
-6.7%
Net result
+9 758 NOK +1 461 NOK
-85.0%
Equity
555.7k NOK 557.1k NOK
+0.3%
Cash
302.7k NOK 625.3k NOK
+106.6%
Total assets
693.9k NOK 809.2k NOK
+16.6%

What improved

  • ↑

    Equity strengthened

    Book equity 555.7k NOK → 557.1k NOK (equity ratio 80.1% → 68.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 302.7k NOK → 625.3k NOK (+106.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 874.8k NOK to 327.9k NOK (-62.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7 054 NOK → +6 579 NOK (op. margin 0.8% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +9 758 NOK → +1 461 NOK (net margin 1.1% → 0.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 600.7k NOK → 915.5k NOK (69% → 279% of revenue). Calculated