Org.nr 923 434 380 2023 → 2024 Year-over-year analysis

ADVOKAT NILS MUGAAS AS: årsregnskap 2024 vs 2023

Shrank 6% on revenue, weaker earnings

approved 2025-05-08; registry 2025-05-13; journal 2025 428598

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT NILS MUGAAS AS. Revenue 2.41m NOK → 2.25m NOK (-6.4%). Net result +657.3k NOK → +474.8k NOK. Equity 1.77m NOK → 1.80m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKAT NILS MUGAAS AS.

Scorecard

Revenue
2.41m NOK 2.25m NOK
-6.4%
Operating result
+909.9k NOK +608.4k NOK
-33.1%
Net result
+657.3k NOK +474.8k NOK
-27.8%
Equity
1.77m NOK 1.80m NOK
+1.4%
Cash
475.9k NOK 475.9k NOK
+0.0%
Total assets
3.07m NOK n/m
—

What improved

  • ↑

    Equity strengthened

    Book equity 1.77m NOK → 1.80m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.41m NOK to 2.25m NOK (-6.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +909.9k NOK → +608.4k NOK (op. margin 37.8% → 27.0%). Calculated

  • ↓

    Net result weakened

    Net result +657.3k NOK → +474.8k NOK (net margin 27.3% → 21.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 991.6k NOK → 999.0k NOK (41% → 44% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.45m NOK → 1.56m NOK. Reported fact