Org.nr 989 362 968 2023 → 2024 Year-over-year analysis

ADVOKAT PETTER MELLO AS: årsregnskap 2024 vs 2023

Grew 30% on revenue, stronger earnings

approved 2025-04-25; registry 2025-04-28; journal 2025 395900

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT PETTER MELLO AS. Revenue 1.14m NOK → 1.48m NOK (+30.0%). Net result -508.0k NOK → -155.6k NOK. Equity 274.8k NOK → 119.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

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

Scorecard

Revenue
1.14m NOK 1.48m NOK
+30.0%
Operating result
-513.0k NOK -155.6k NOK
+69.7%
Net result
-508.0k NOK -155.6k NOK
+69.4%
Equity
274.8k NOK 119.1k NOK
-56.6%
Cash
220.2k NOK 113.4k NOK
-48.5%
Total assets
662.8k NOK 610.0k NOK
-8.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.14m NOK to 1.48m NOK (+30.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -513.0k NOK → -155.6k NOK (op. margin -45.0% → -10.5%). Calculated

  • ↑

    Net result improved

    Net result -508.0k NOK → -155.6k NOK (net margin -44.5% → -10.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.54m NOK → 617.3k NOK (310% → 42% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 274.8k NOK → 119.1k NOK (equity ratio 41.5% → 19.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 220.2k NOK → 113.4k NOK (-48.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 170.7k NOK → 63.5k NOK (-62.8% YoY). Calculated