Org.nr 925 498 955 2023 → 2024 Year-over-year analysis

ADVOKAT ERLING HØYTE AS: årsregnskap 2024 vs 2023

Shrank 7% on revenue

approved 2025-03-19; registry 2025-03-31; journal 2025 356427

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT ERLING HØYTE AS. Revenue 4.52m NOK → 4.21m NOK (-6.8%). Net result +1.94m NOK → +2.30m NOK. Equity 5.41m NOK → 7.02m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
4.52m NOK 4.21m NOK
-6.8%
Operating result
+2.46m NOK +2.80m NOK
+13.8%
Net result
+1.94m NOK +2.30m NOK
+18.8%
Equity
5.41m NOK 7.02m NOK
+29.6%
Cash
4.39m NOK 6.29m NOK
+43.4%
Total assets
6.31m NOK 7.95m NOK
+26.0%

What improved

  • ↑

    Operating result improved

    Operating result +2.46m NOK → +2.80m NOK (op. margin 54.5% → 66.5%). Calculated

  • ↑

    Net result improved

    Net result +1.94m NOK → +2.30m NOK (net margin 43.0% → 54.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.41m NOK → 7.02m NOK (equity ratio 85.8% → 88.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.39m NOK → 6.29m NOK (+43.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 890.0k NOK → 527.6k NOK (20% → 13% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.52m NOK to 4.21m NOK (-6.8% YoY). Calculated