ADVOKAT SANDVOLD AS: årsregnskap 2024 vs 2023
Grew 484% on revenue, returned to profit
approved 2025-06-30; registry 2025-07-10; journal 2025 657740
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKAT SANDVOLD AS. Revenue 106.8k NOK → 624.0k NOK (+484.2%). Net result -439.2k NOK → +119.9k NOK. Equity -221.4k NOK → -101.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKAT SANDVOLD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 106.8k NOK to 624.0k NOK (+484.2% YoY). Calculated
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Operating result improved
Operating result -94.7k NOK → +155.7k NOK (op. margin -88.6% → 24.9%). Calculated
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Turned profitable
Net result flipped from a loss of 439.2k NOK to a profit of 119.9k NOK. Calculated
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Equity strengthened
Book equity -221.4k NOK → -101.5k NOK (equity ratio -106.4% → -20.3%). Calculated
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Cash rose
Bank deposits 83.4k NOK → 150.9k NOK (+81.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1 137 NOK → 989.4k NOK (1% → 159% of revenue). Calculated
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COGS moved
COGS / varekostnad 50.0k NOK → 75.1k NOK (+50.2% YoY). Calculated