Org.nr 988 518 557 2023 → 2024 Year-over-year analysis

ADVOKAT IVAR HUSTAD AS: årsregnskap 2024 vs 2023

Shrank 24% on revenue

approved 2025-04-29; registry 2025-05-03; journal 2025 402390

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT IVAR HUSTAD AS. Revenue 1.99m NOK → 1.52m NOK (-23.6%). Net result +545.1k NOK → +436.8k NOK. Equity 6.57m NOK → 7.01m NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT IVAR HUSTAD AS.

Scorecard

Revenue
1.99m NOK 1.52m NOK
-23.6%
Operating result
+15.5k NOK -8 274 NOK
-153.5%
Net result
+545.1k NOK +436.8k NOK
-19.9%
Equity
6.57m NOK 7.01m NOK
+6.7%
Cash
1.74m NOK 1.31m NOK
-24.6%
Total assets
7.84m NOK 7.59m NOK
-3.2%

What improved

  • ↑

    Equity strengthened

    Book equity 6.57m NOK → 7.01m NOK (equity ratio 83.8% → 92.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.99m NOK to 1.52m NOK (-23.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +15.5k NOK → -8 274 NOK (op. margin 0.8% → -0.5%). Calculated

  • ↓

    Net result weakened

    Net result +545.1k NOK → +436.8k NOK (net margin 27.5% → 28.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.74m NOK → 1.31m NOK (-24.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 138.3k NOK → 98.9k NOK (-28.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact