Org.nr 925 571 954 2023 → 2024 Year-over-year analysis

ADVOKAT KNUT SKAGEN AS: årsregnskap 2024 vs 2023

Shrank 10% on revenue, stronger earnings

approved 2025-02-07; registry 2025-02-13; journal 2025 308219

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT KNUT SKAGEN AS. Revenue 4.34m NOK → 3.90m NOK (-10.1%). Net result +290.0k NOK → +1.40m NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKAT KNUT SKAGEN AS.

At a glance

Revenue

4.34m NOK 3.90m NOK

-10.1%

Operating result

+649.3k NOK +1.78m NOK

+173.8%

Net result

+290.0k NOK +1.40m NOK

+381.3%

Equity

n/m 3.92m NOK

—

Cash

983.4k NOK 600.0k NOK

-39.0%

Total assets

4.34m NOK 4.60m NOK

+6.2%

↑
Operating result improved

Operating result +649.3k NOK → +1.78m NOK (op. margin 15.0% → 45.6%). Calculated
↑
Net result improved

Net result +290.0k NOK → +1.40m NOK (net margin 6.7% → 35.8%). Calculated
↑
Payroll decreased

Salary cost 2.02m NOK → 1.51m NOK (47% → 39% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.34m NOK to 3.90m NOK (-10.1% YoY). Calculated
↓
Cash fell

Bank deposits 983.4k NOK → 600.0k NOK (-39.0% YoY). Calculated