Org.nr 920 720 463 2023 → 2024 Year-over-year analysis

ADVOKAT ØYSTEIN HJELMESET AS: årsregnskap 2024 vs 2023

Grew 22% on revenue, slipped into loss

approved 2025-02-18; registry 2025-02-22; journal 2025 313276

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT ØYSTEIN HJELMESET AS. Revenue 1.60m NOK → 1.95m NOK (+21.6%). Net result +358.6k NOK → -310.1k NOK. Equity 464.7k NOK → 154.6k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
1.60m NOK 1.95m NOK
+21.6%
Operating result
+458.4k NOK -394.8k NOK
-186.1%
Net result
+358.6k NOK -310.1k NOK
-186.5%
Equity
464.7k NOK 154.6k NOK
-66.7%
Cash
94.1k NOK 173.7k NOK
+84.7%
Total assets
769.7k NOK 568.6k NOK
-26.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.60m NOK to 1.95m NOK (+21.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 94.1k NOK → 173.7k NOK (+84.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.61m NOK → 1.73m NOK (163% → 89% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +458.4k NOK → -394.8k NOK (op. margin 28.6% → -20.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 358.6k NOK profit to a loss of 310.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 464.7k NOK → 154.6k NOK (equity ratio 60.4% → 27.2%). Calculated