FirmaIQ
Org.nr 913 879 805 2023 → 2024 Year-over-year analysis

ADVOKAT VEGARD AUSTGULEN AS: årsregnskap 2024 vs 2023

Shrank 21% on revenue, stronger earnings

approved 2025-04-30; registry 2025-05-05; journal 2025 406620

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKAT VEGARD AUSTGULEN AS. Revenue 2.24m NOK → 1.77m NOK (-21.0%). Net result +154.5k NOK → +191.1k NOK. Equity 170.9k NOK → 262.0k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.24m NOK 1.77m NOK
-21.0%
Operating result
+201.6k NOK +246.1k NOK
+22.1%
Net result
+154.5k NOK +191.1k NOK
+23.7%
Equity
170.9k NOK 262.0k NOK
+53.3%
Cash
197.3k NOK 286.0k NOK
+45.0%
Total assets
757.9k NOK 685.5k NOK
-9.6%

What improved

  • ↑

    Operating result improved

    Operating result +201.6k NOK → +246.1k NOK (op. margin 9.0% → 13.9%). Calculated

  • ↑

    Net result improved

    Net result +154.5k NOK → +191.1k NOK (net margin 6.9% → 10.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 170.9k NOK → 262.0k NOK (equity ratio 22.6% → 38.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 197.3k NOK → 286.0k NOK (+45.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.24m NOK to 1.77m NOK (-21.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.41m NOK → 2.99m NOK (63% → 169% of revenue). Calculated