FirmaIQ
Org.nr 927 213 990 2023 → 2024 Year-over-year analysis

ADVOKAT FRISAK WALLIN AS: årsregnskap 2024 vs 2023

Grew 16% on revenue, stronger earnings

approved 2025-03-28; registry 2025-04-03; journal 2025 362539

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT FRISAK WALLIN AS. Revenue 1.77m NOK → 2.05m NOK (+16.0%). Net result +110.9k NOK → +255.1k NOK. Equity 816.7k NOK → 1 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKAT FRISAK WALLIN AS.

At a glance

Scorecard

Revenue
1.77m NOK 2.05m NOK
+16.0%
Operating result
+114.4k NOK +349.6k NOK
+205.7%
Net result
+110.9k NOK +255.1k NOK
+129.9%
Equity
816.7k NOK 1 NOK
-100.0%
Cash
469.0k NOK 688.5k NOK
+46.8%
Total assets
85.7k NOK 1.43m NOK
+1572.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.77m NOK to 2.05m NOK (+16.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +114.4k NOK → +349.6k NOK (op. margin 6.5% → 17.1%). Calculated

  • ↑

    Net result improved

    Net result +110.9k NOK → +255.1k NOK (net margin 6.3% → 12.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 469.0k NOK → 688.5k NOK (+46.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.32× → 3.97×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 816.7k NOK → 1 NOK (equity ratio 953.3% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation