FirmaIQ
Org.nr 989 228 226 2023 → 2024 Year-over-year analysis

ADVOKAT TORE SVEEN AS: årsregnskap 2024 vs 2023

Grew 61% on revenue, weaker earnings

approved 2025-06-18; registry 2025-06-21; journal 2025 555852

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT TORE SVEEN AS. Revenue 1.00m NOK → 1.61m NOK (+61.0%). Net result +642.6k NOK → +61.5k NOK. Equity 2.87m NOK → 2.53m NOK.

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

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

At a glance

Scorecard

Revenue
1.00m NOK 1.61m NOK
+61.0%
Operating result
+954.8k NOK +501.4k NOK
-47.5%
Net result
+642.6k NOK +61.5k NOK
-90.4%
Equity
2.87m NOK 2.53m NOK
-11.6%
Cash
372.7k NOK 227.7k NOK
-38.9%
Total assets
5.55m NOK 5.35m NOK
-3.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.00m NOK to 1.61m NOK (+61.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +954.8k NOK → +501.4k NOK (op. margin 95.5% → 31.1%). Calculated

  • ↓

    Net result weakened

    Net result +642.6k NOK → +61.5k NOK (net margin 64.3% → 3.8%). Calculated

  • ↓

    Equity eroded

    Book equity 2.87m NOK → 2.53m NOK (equity ratio 51.6% → 47.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 372.7k NOK → 227.7k NOK (-38.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.0k NOK → 0 NOK (-100.0% YoY). Calculated