ADVOKAT ESPEN SIMONSEN AS: årsregnskap 2024 vs 2023
Grew 12% on revenue, stronger earnings, cash halved-plus
registry 2025-02-13; journal 2025 308180
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT ESPEN SIMONSEN AS. Revenue 3.51m NOK → 3.92m NOK (+11.7%). Net result +36.7k NOK → +189.9k NOK. Equity 1.27m NOK → 1.46m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT ESPEN SIMONSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.51m NOK to 3.92m NOK (+11.7% YoY). Calculated
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↑
Net result improved
Net result +36.7k NOK → +189.9k NOK (net margin 1.0% → 4.8%). Calculated
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↑
Equity strengthened
Book equity 1.27m NOK → 1.46m NOK (equity ratio 66.2% → 61.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +12.4k NOK → -118.4k NOK (op. margin 0.4% → -3.0%). Calculated
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↓
Cash fell
Bank deposits 761.7k NOK → 135.8k NOK (-82.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.90m NOK → 3.37m NOK (82% → 86% of revenue). Calculated