Org.nr 989 187 562 2023 → 2024 Year-over-year analysis

ADVOKAT JØRN EIKANGER AS: årsregnskap 2024 vs 2023

Shrank 19% on revenue, weaker earnings

approved 2025-04-24; registry 2025-04-30; journal 2025 397855

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT JØRN EIKANGER AS. Revenue 3.97m NOK → 3.21m NOK (-19.1%). Net result +1.89m NOK → +1.18m NOK. Equity 587.3k NOK → 666.8k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
3.97m NOK 3.21m NOK
-19.1%
Operating result
+2.33m NOK +1.40m NOK
-40.1%
Net result
+1.89m NOK +1.18m NOK
-37.6%
Equity
587.3k NOK 666.8k NOK
+13.5%
Cash
3.63m NOK 2.18m NOK
-40.0%
Total assets
4.10m NOK 2.64m NOK
-35.7%

What improved

  • ↑

    Equity strengthened

    Book equity 587.3k NOK → 666.8k NOK (equity ratio 14.3% → 25.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.97m NOK to 3.21m NOK (-19.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.33m NOK → +1.40m NOK (op. margin 58.7% → 43.5%). Calculated

  • ↓

    Net result weakened

    Net result +1.89m NOK → +1.18m NOK (net margin 47.6% → 36.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.63m NOK → 2.18m NOK (-40.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.68m NOK → 2.70m NOK (68% → 84% of revenue). Calculated