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Org.nr 828 950 452 2023 → 2024 Year-over-year analysis

ADVOKAT KJETIL OTTESEN AS: årsregnskap 2024 vs 2023

Grew 27% on revenue, weaker earnings

registry 2025-04-30; journal 2025 398844

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT KJETIL OTTESEN AS. Revenue 3.36m NOK → 4.27m NOK (+27.1%). Net result +5.55m NOK → +1.26m NOK. Equity 1.74m NOK → 3.00m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKAT KJETIL OTTESEN AS.

At a glance

Scorecard

Revenue
3.36m NOK 4.27m NOK
+27.1%
Operating result
+715.0k NOK +587.1k NOK
-17.9%
Net result
+5.55m NOK +1.26m NOK
-77.4%
Equity
1.74m NOK 3.00m NOK
+72.3%
Cash
1.31m NOK 2.70m NOK
+106.2%
Total assets
2.45m NOK 4.05m NOK
+65.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.36m NOK to 4.27m NOK (+27.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.74m NOK → 3.00m NOK (equity ratio 71.0% → 73.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.31m NOK → 2.70m NOK (+106.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +715.0k NOK → +587.1k NOK (op. margin 21.3% → 13.8%). Calculated

  • ↓

    Net result weakened

    Net result +5.55m NOK → +1.26m NOK (net margin 165.4% → 29.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 140.5k NOK → 157.3k NOK (+11.9% YoY). Calculated