Org.nr 913 252 861 2023 → 2024 Year-over-year analysis

ADVOKAT SIVERTSVIK AS: årsregnskap 2024 vs 2023

Shrank 5% on revenue, weaker earnings

approved 2025-04-29; registry 2025-05-03; journal 2025 402242

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT SIVERTSVIK AS. Revenue 965.2k NOK → 913.6k NOK (-5.3%). Net result +30.0k NOK → +16.6k NOK. Equity 147.3k NOK → 164.0k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
965.2k NOK 913.6k NOK
-5.3%
Operating result
+34.3k NOK +26.2k NOK
-23.7%
Net result
+30.0k NOK +16.6k NOK
-44.5%
Equity
147.3k NOK 164.0k NOK
+11.3%
Cash
226.9k NOK 126.1k NOK
-44.5%
Total assets
474.2k NOK 416.7k NOK
-12.1%

What improved

  • ↑

    Equity strengthened

    Book equity 147.3k NOK → 164.0k NOK (equity ratio 31.1% → 39.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 965.2k NOK to 913.6k NOK (-5.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +34.3k NOK → +26.2k NOK (op. margin 3.6% → 2.9%). Calculated

  • ↓

    Net result weakened

    Net result +30.0k NOK → +16.6k NOK (net margin 3.1% → 1.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 226.9k NOK → 126.1k NOK (-44.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 176.0k NOK → 123.0k NOK (-30.1% YoY). Calculated