ADVOKAT HARALD HEGGEN BRØRBY AS: årsregnskap 2024 vs 2023
Grew 8% on revenue, cash halved-plus
approved 2025-04-24; registry 2025-04-28; journal 2025 393152
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT HARALD HEGGEN BRØRBY AS. Revenue 4.46m NOK → 4.82m NOK (+8.0%). Net result +730.9k NOK → +698.3k NOK. Equity 286.8k NOK → 285.1k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKAT HARALD HEGGEN BRØRBY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.46m NOK to 4.82m NOK (+8.0% YoY). Calculated
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↑
Operating result improved
Operating result +1.00m NOK → +1.01m NOK (op. margin 22.5% → 20.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 286.8k NOK → 285.1k NOK (equity ratio 9.0% → 7.2%). Calculated
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↓
Cash fell
Bank deposits 5.67m NOK → 717.9k NOK (-87.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (5.67m NOK → 717.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 2.18m NOK → 2.45m NOK (49% → 51% of revenue). Calculated
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COGS fell
COGS / varekostnad 46.4k NOK → 34.2k NOK (-26.2% YoY). Calculated