FirmaIQ
Org.nr 922 157 340 2023 → 2024 Year-over-year analysis

ADVOKAT SVEINUNG ELIASSEN AS: årsregnskap 2024 vs 2023

Grew 7% on revenue, cash halved-plus

approved 2025-01-30; registry 2025-02-03; journal 2025 304682

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT SVEINUNG ELIASSEN AS. Revenue 2.98m NOK → 3.18m NOK (+6.6%). Net result +844.0k NOK → +805.1k NOK. Equity 428.1k NOK → 433.2k NOK.

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

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

At a glance

Scorecard

Revenue
2.98m NOK 3.18m NOK
+6.6%
Operating result
+1.08m NOK +1.03m NOK
-4.8%
Net result
+844.0k NOK +805.1k NOK
-4.6%
Equity
428.1k NOK 433.2k NOK
+1.2%
Cash
690.5k NOK 217.2k NOK
-68.6%
Total assets
1.85m NOK 1.81m NOK
-2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.98m NOK to 3.18m NOK (+6.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 428.1k NOK → 433.2k NOK (equity ratio 23.2% → 24.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.08m NOK → +1.03m NOK (op. margin 36.3% → 32.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 690.5k NOK → 217.2k NOK (-68.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.28m NOK → 1.49m NOK (43% → 47% of revenue). Calculated