Org.nr 997 409 973 2023 → 2024 Year-over-year analysis

ADVOKAT HÅVAR WIIK AS: årsregnskap 2024 vs 2023

Stronger earnings, cash halved-plus

approved 2025-04-25; registry 2025-05-03; journal 2025 400869

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT HÅVAR WIIK AS. Revenue 2.54m NOK → 2.47m NOK (-2.8%). Net result +36.0k NOK → +46.2k NOK. Equity 176.9k NOK → 223.1k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT HÅVAR WIIK AS.

Scorecard

Revenue
2.54m NOK 2.47m NOK
-2.8%
Operating result
+69.5k NOK +74.7k NOK
+7.5%
Net result
+36.0k NOK +46.2k NOK
+28.3%
Equity
176.9k NOK 223.1k NOK
+26.1%
Cash
21.7k NOK 942 NOK
-95.7%
Total assets
731.8k NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result +69.5k NOK → +74.7k NOK (op. margin 2.7% → 3.0%). Calculated

  • ↑

    Net result improved

    Net result +36.0k NOK → +46.2k NOK (net margin 1.4% → 1.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 176.9k NOK → 223.1k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.16m NOK → 1.84m NOK (85% → 74% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.54m NOK to 2.47m NOK (-2.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 21.7k NOK → 942 NOK (-95.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 65.1k NOK → 15.1k NOK (-76.8% YoY). Calculated