ADVOKAT LØVDAL AS: årsregnskap 2024 vs 2023
Grew 194% on revenue, returned to profit
approved 2025-04-01; registry 2025-04-03; journal 2025 362211
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT LØVDAL AS. Revenue 185.5k NOK → 545.4k NOK (+194.1%). Net result -37.4k NOK → +374.4k NOK. Equity 380.2k NOK → 754.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKAT LØVDAL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 185.5k NOK to 545.4k NOK (+194.1% YoY). Calculated
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Operating result improved
Operating result -38.0k NOK → +374.4k NOK (op. margin -20.5% → 68.6%). Calculated
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Turned profitable
Net result flipped from a loss of 37.4k NOK to a profit of 374.4k NOK. Calculated
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Equity strengthened
Book equity 380.2k NOK → 754.7k NOK (equity ratio 73.9% → 77.5%). Calculated
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Cash rose
Bank deposits 259.4k NOK → 428.4k NOK (+65.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 21.1k NOK → 1.73m NOK (11% → 317% of revenue). Calculated
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Book investments changed
Investment / intangible book value 200.0k NOK → 3 NOK. Reported fact