FirmaIQ
Org.nr 826 660 082 2023 → 2024 Year-over-year analysis

ADVOKAT OLE CHRISTIAN HYGGEN AS: årsregnskap 2024 vs 2023

Grew 22% on revenue, stronger earnings

approved 2025-04-29; registry 2025-05-03; journal 2025 401070

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT OLE CHRISTIAN HYGGEN AS. Revenue 3.34m NOK → 4.07m NOK (+21.8%). Net result +529.0k NOK → +804.8k NOK. Equity 811.8k NOK → 815.6k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT OLE CHRISTIAN HYGGEN AS.

At a glance

Scorecard

Revenue
3.34m NOK 4.07m NOK
+21.8%
Operating result
+675.5k NOK +5 576 NOK
-99.2%
Net result
+529.0k NOK +804.8k NOK
+52.1%
Equity
811.8k NOK 815.6k NOK
+0.5%
Cash
1.27m NOK 1.47m NOK
+16.1%
Total assets
1.76m NOK 2.44m NOK
+39.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.34m NOK to 4.07m NOK (+21.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +529.0k NOK → +804.8k NOK (net margin 15.8% → 19.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 811.8k NOK → 815.6k NOK (equity ratio 46.2% → 33.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.27m NOK → 1.47m NOK (+16.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +675.5k NOK → +5 576 NOK (op. margin 20.2% → 0.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.28m NOK → 2.70m NOK (68% → 66% of revenue). Calculated