Org.nr 919 460 423 2023 → 2024 Year-over-year analysis

ADVOKATEN AS: årsregnskap 2024 vs 2023

Grew 7% on revenue, weaker earnings

approved 2025-04-26; registry 2025-05-06; journal 2025 407593

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATEN AS. Revenue 803.1k NOK → 861.8k NOK (+7.3%). Net result +258.3k NOK → +40.3k NOK. Equity 742.4k NOK → 773.3k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.

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

Scorecard

Revenue
803.1k NOK 861.8k NOK
+7.3%
Operating result
+310.8k NOK +10.4k NOK
-96.7%
Net result
+258.3k NOK +40.3k NOK
-84.4%
Equity
742.4k NOK 773.3k NOK
+4.2%
Cash
885.8k NOK 648.9k NOK
-26.7%
Total assets
26.0k NOK 1.05m NOK
+3921.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 803.1k NOK to 861.8k NOK (+7.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 742.4k NOK → 773.3k NOK (equity ratio 2852.5% → 73.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.09× → 3.83×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +310.8k NOK → +10.4k NOK (op. margin 38.7% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +258.3k NOK → +40.3k NOK (net margin 32.2% → 4.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 885.8k NOK → 648.9k NOK (-26.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 388.4k NOK → 731.6k NOK (48% → 85% of revenue). Calculated