Org.nr 919 276 266 2023 → 2024 Year-over-year analysis

ADVOKAT NIELS KRISTIAN AXELSEN AS: årsregnskap 2024 vs 2023

Shrank 6% on revenue, returned to profit

approved 2025-04-29; registry 2025-05-03; journal 2025 402246

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT NIELS KRISTIAN AXELSEN AS. Revenue 802.8k NOK → 751.1k NOK (-6.4%). Net result -1.25m NOK → +1.14m NOK. Equity 2.82m NOK → 3.95m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
802.8k NOK 751.1k NOK
-6.4%
Operating result
-221.2k NOK n/m
—
Net result
-1.25m NOK +1.14m NOK
+191.0%
Equity
2.82m NOK 3.95m NOK
+40.4%
Cash
2.33m NOK 3.83m NOK
+64.7%
Total assets
3.01m NOK 4.44m NOK
+47.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.25m NOK to a profit of 1.14m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.82m NOK → 3.95m NOK (equity ratio 93.7% → 89.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.33m NOK → 3.83m NOK (+64.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 802.8k NOK to 751.1k NOK (-6.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 836.6k NOK → 900.5k NOK (104% → 120% of revenue). Calculated