Org.nr 823 757 832 2024 → 2025 Year-over-year analysis

ADVOKAT HOVDA AS: årsregnskap 2025 vs 2024

Grew 35% on revenue, stronger earnings

approved 2026-03-26; registry 2026-04-08; journal 2026 367088

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADVOKAT HOVDA AS. Revenue 2.27m NOK → 3.08m NOK (+35.5%). Net result +376.5k NOK → +922.7k NOK. Equity 494.4k NOK → 817.2k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT HOVDA AS.

Scorecard

Revenue
2.27m NOK 3.08m NOK
+35.5%
Operating result
+479.8k NOK +1 185 NOK
-99.8%
Net result
+376.5k NOK +922.7k NOK
+145.0%
Equity
494.4k NOK 817.2k NOK
+65.3%
Cash
484.7k NOK 254.2k NOK
-47.5%
Total assets
209.3k NOK 2.17m NOK
+935.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.27m NOK to 3.08m NOK (+35.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +376.5k NOK → +922.7k NOK (net margin 16.6% → 30.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 494.4k NOK → 817.2k NOK (equity ratio 236.3% → 37.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.29× → 6.20×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +479.8k NOK → +1 185 NOK (op. margin 21.1% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 484.7k NOK → 254.2k NOK (-47.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.19m NOK → 1.30m NOK (52% → 42% of revenue). Calculated