Org.nr 997 098 609 2023 → 2024 Year-over-year analysis

ADVOKAT ØYEHAUG AS: årsregnskap 2024 vs 2023

Shrank 35% on revenue, slipped into loss, cash halved-plus

approved 2025-04-30; registry 2025-05-06; journal 2025 406853

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT ØYEHAUG AS. Revenue 3.68m NOK → 2.38m NOK (-35.4%). Net result +601 NOK → -281.3k NOK. Equity 1.72m NOK → 1.89m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT ØYEHAUG AS.

Scorecard

Revenue
3.68m NOK 2.38m NOK
-35.4%
Operating result
+770.1k NOK -301.6k NOK
-139.2%
Net result
+601 NOK -281.3k NOK
-46900.0%
Equity
1.72m NOK 1.89m NOK
+9.8%
Cash
479.2k NOK 132.9k NOK
-72.3%
Total assets
3.19m NOK 2.22m NOK
-30.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.72m NOK → 1.89m NOK (equity ratio 53.9% → 85.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.12m NOK → 1.69m NOK (57% → 71% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.68m NOK to 2.38m NOK (-35.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +770.1k NOK → -301.6k NOK (op. margin 20.9% → -12.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 601 NOK profit to a loss of 281.3k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 479.2k NOK → 132.9k NOK (-72.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 47.4k NOK → 36.0k NOK (-24.0% YoY). Calculated