Org.nr 917 020 477 2023 → 2024 Year-over-year analysis

ADVOKAT GRY SØRHUS MOLLAN AS: årsregnskap 2024 vs 2023

Grew 21% on revenue, stronger earnings

approved 2025-04-28; registry 2025-05-03; journal 2025 402086

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT GRY SØRHUS MOLLAN AS. Revenue 1.60m NOK → 1.94m NOK (+20.6%). Net result +205.1k NOK → +355.1k NOK. Equity 949.4k NOK → 104.5k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKAT GRY SØRHUS MOLLAN AS.

Scorecard

Revenue
1.60m NOK 1.94m NOK
+20.6%
Operating result
+264.5k NOK +460.5k NOK
+74.1%
Net result
+205.1k NOK +355.1k NOK
+73.1%
Equity
949.4k NOK 104.5k NOK
-89.0%
Cash
237.4k NOK 1.33m NOK
+461.3%
Total assets
1.47m NOK 1.70m NOK
+15.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.60m NOK to 1.94m NOK (+20.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +264.5k NOK → +460.5k NOK (op. margin 16.5% → 23.8%). Calculated

  • ↑

    Net result improved

    Net result +205.1k NOK → +355.1k NOK (net margin 12.8% → 18.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 237.4k NOK → 1.33m NOK (+461.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 949.4k NOK → 104.5k NOK (equity ratio 64.4% → 6.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 863.4k NOK → 993.2k NOK (54% → 51% of revenue). Calculated