Org.nr 915 230 326 2023 → 2024 Year-over-year analysis

ADVOKATENE CLEMETSEN & MOHAMMAD AS: årsregnskap 2024 vs 2023

Shrank 31% on revenue, weaker earnings

registry 2025-05-05; journal 2025 405154

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATENE CLEMETSEN & MOHAMMAD AS. Revenue 4.09m NOK → 2.84m NOK (-30.6%). Net result +897.5k NOK → +198.6k NOK. Equity 50.1k NOK → 248.7k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. 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 ADVOKATENE CLEMETSEN & MOHAMMAD AS.

Scorecard

Revenue
4.09m NOK 2.84m NOK
-30.6%
Operating result
+692.9k NOK +177.2k NOK
-74.4%
Net result
+897.5k NOK +198.6k NOK
-77.9%
Equity
50.1k NOK 248.7k NOK
+396.5%
Cash
245.5k NOK 1.10m NOK
+349.3%
Total assets
2.11m NOK 1.78m NOK
-15.4%

What improved

  • ↑

    Equity strengthened

    Book equity 50.1k NOK → 248.7k NOK (equity ratio 2.4% → 13.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 245.5k NOK → 1.10m NOK (+349.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.41× → 1.05×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.09m NOK to 2.84m NOK (-30.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +692.9k NOK → +177.2k NOK (op. margin 17.0% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +897.5k NOK → +198.6k NOK (net margin 22.0% → 7.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 26.7k NOK → 14.9k NOK (-44.1% YoY). Calculated