FirmaIQ
Org.nr 888 997 482 2023 → 2024 Year-over-year analysis

ADVOKAT FINN OVE SMITH AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-04-30; registry 2025-05-05; journal 2025 403815

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT FINN OVE SMITH AS. Revenue 7.30m NOK → 7.20m NOK (-1.4%). Net result +1.76m NOK → +2.68m NOK. Equity 3.15m NOK → 3.23m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
7.30m NOK 7.20m NOK
-1.4%
Operating result
+2.29m NOK +3.29m NOK
+43.5%
Net result
+1.76m NOK +2.68m NOK
+52.8%
Equity
3.15m NOK 3.23m NOK
+2.6%
Cash
4.57m NOK 4.07m NOK
-10.9%
Total assets
7.08m NOK 7.40m NOK
+4.5%

What improved

  • ↑

    Operating result improved

    Operating result +2.29m NOK → +3.29m NOK (op. margin 31.4% → 45.7%). Calculated

  • ↑

    Net result improved

    Net result +1.76m NOK → +2.68m NOK (net margin 24.0% → 37.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.15m NOK → 3.23m NOK (equity ratio 44.5% → 43.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.59m NOK → 2.67m NOK (49% → 37% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.30m NOK to 7.20m NOK (-1.4% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 4.57m NOK → 4.07m NOK (-10.9% YoY). Calculated