ADVOKAT KJETIL H. NILSEN AS: årsregnskap 2024 vs 2023
Grew 35% on revenue, stronger earnings, cash halved-plus
approved 2025-04-30; registry 2025-05-06; journal 2025 406902
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT KJETIL H. NILSEN AS. Revenue 1.90m NOK → 2.56m NOK (+34.8%). Net result +23.7k NOK → +5.20m NOK. Equity 719.2k NOK → 922.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT KJETIL H. NILSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.90m NOK to 2.56m NOK (+34.8% YoY). Calculated
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Operating result improved
Operating result +22.9k NOK → +243.8k NOK (op. margin 1.2% → 9.5%). Calculated
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Net result improved
Net result +23.7k NOK → +5.20m NOK (net margin 1.3% → 203.5%). Calculated
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Equity strengthened
Book equity 719.2k NOK → 922.8k NOK (equity ratio 70.1% → 61.2%). Calculated
What deteriorated
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Cash fell
Bank deposits 793.5k NOK → 282.7k NOK (-64.4% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 2.91× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 1.47m NOK → 1.85m NOK (77% → 72% of revenue). Calculated