ADVOKAT OLE HÅKON ELLINGSEN AS: årsregnskap 2024 vs 2023
Grew 8% on revenue, weaker earnings
approved 2025-03-03; registry 2025-03-10; journal 2025 327393
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT OLE HÅKON ELLINGSEN AS. Revenue 3.72m NOK → 4.01m NOK (+7.9%). Net result +3.97m NOK → +778.8k NOK. Equity 75.0k NOK → 3.35m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT OLE HÅKON ELLINGSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.72m NOK to 4.01m NOK (+7.9% YoY). Calculated
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↑
Equity strengthened
Book equity 75.0k NOK → 3.35m NOK (equity ratio 3.3% → 184.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.24m NOK → +994.9k NOK (op. margin 33.5% → 24.8%). Calculated
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↓
Net result weakened
Net result +3.97m NOK → +778.8k NOK (net margin 106.9% → 19.4%). Calculated
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↓
Cash fell
Bank deposits 1.25m NOK → 910.2k NOK (-27.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.00m NOK → 2.45m NOK (54% → 61% of revenue). Calculated