FirmaIQ
Org.nr 998 450 349 2023 → 2024 Year-over-year analysis

ADVOKAT DØVIK AS: årsregnskap 2024 vs 2023

Grew 6% on revenue, stronger earnings

approved 2025-04-26; registry 2025-05-05; journal 2025 406220

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT DØVIK AS. Revenue 1.94m NOK → 2.06m NOK (+6.2%). Net result +277.9k NOK → +341.1k NOK. Equity 137.8k NOK → 129.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT DØVIK AS.

At a glance

Scorecard

Revenue
1.94m NOK 2.06m NOK
+6.2%
Operating result
+342.2k NOK +425.5k NOK
+24.4%
Net result
+277.9k NOK +341.1k NOK
+22.7%
Equity
137.8k NOK 129.0k NOK
-6.4%
Cash
389.3k NOK 351.3k NOK
-9.7%
Total assets
1.03m NOK 999.2k NOK
-2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.94m NOK to 2.06m NOK (+6.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +342.2k NOK → +425.5k NOK (op. margin 17.6% → 20.7%). Calculated

  • ↑

    Net result improved

    Net result +277.9k NOK → +341.1k NOK (net margin 14.3% → 16.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 137.8k NOK → 129.0k NOK (equity ratio 13.4% → 12.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 389.3k NOK → 351.3k NOK (-9.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.11m NOK → 1.11m NOK (57% → 54% of revenue). Calculated