Org.nr 915 624 405 2023 → 2024 Year-over-year analysis

ADVOKAT SIRI ØVSTEBØ AS: årsregnskap 2024 vs 2023

Stronger earnings, cash halved-plus

approved 2025-04-27; registry 2025-04-30; journal 2025 398165

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT SIRI ØVSTEBØ AS. Revenue 897.1k NOK → 931.7k NOK (+3.9%). Net result -35.0k NOK → -2 685 NOK. Equity 68.6k NOK → 66.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKAT SIRI ØVSTEBØ AS.

Scorecard

Revenue
897.1k NOK 931.7k NOK
+3.9%
Operating result
-21.5k NOK +17.9k NOK
+183.1%
Net result
-35.0k NOK -2 685 NOK
+92.3%
Equity
68.6k NOK 66.0k NOK
-3.9%
Cash
29.9k NOK 13.1k NOK
-56.0%
Total assets
262.1k NOK 310.5k NOK
+18.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 897.1k NOK to 931.7k NOK (+3.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -21.5k NOK → +17.9k NOK (op. margin -2.4% → 1.9%). Calculated

  • ↑

    Net result improved

    Net result -35.0k NOK → -2 685 NOK (net margin -3.9% → -0.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 68.6k NOK → 66.0k NOK (equity ratio 26.2% → 21.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.9k NOK → 13.1k NOK (-56.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 356.3k NOK → 492.9k NOK (40% → 53% of revenue). Calculated