ADVOKAT CATO SIMONSEN AS: årsregnskap 2024 vs 2023
Weaker earnings
approved 2025-03-20; registry 2025-03-31; journal 2025 356848
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT CATO SIMONSEN AS. Revenue 6.44m NOK → 6.33m NOK (-1.6%). Net result +752.4k NOK → +316.0k NOK. Equity 3.97m NOK → 4.28m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT CATO SIMONSEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.97m NOK → 4.28m NOK (equity ratio 75.5% → 69.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.44m NOK to 6.33m NOK (-1.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +878.6k NOK → +340.8k NOK (op. margin 13.7% → 5.4%). Calculated
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↓
Net result weakened
Net result +752.4k NOK → +316.0k NOK (net margin 11.7% → 5.0%). Calculated
-
↓
Cash fell
Bank deposits 3.53m NOK → 3.00m NOK (-15.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.25m NOK → 4.51m NOK (66% → 71% of revenue). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 4 → 4.1. Reported fact