Org.nr 922 576 645 2023 → 2024 Year-over-year analysis

ADVOKAT MAGNUS HÅVÅS NERENG AS: årsregnskap 2024 vs 2023

Shrank 21% on revenue, slipped into loss

registry 2025-03-29; journal 2025 353338

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT MAGNUS HÅVÅS NERENG AS. Revenue 2.65m NOK → 2.09m NOK (-21.1%). Net result +3.57m NOK → -391.6k NOK. Equity 3.63m NOK → 238.4k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
2.65m NOK 2.09m NOK
-21.1%
Operating result
+716.9k NOK -498.4k NOK
-169.5%
Net result
+3.57m NOK -391.6k NOK
-111.0%
Equity
3.63m NOK 238.4k NOK
-93.4%
Cash
181.7k NOK 245.7k NOK
+35.2%
Total assets
1.29m NOK n/m
—

What improved

  • ↑

    Cash rose

    Bank deposits 181.7k NOK → 245.7k NOK (+35.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.65m NOK to 2.09m NOK (-21.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +716.9k NOK → -498.4k NOK (op. margin 27.0% → -23.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.57m NOK profit to a loss of 391.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.63m NOK → 238.4k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.39m NOK → 1.95m NOK (52% → 93% of revenue). Calculated