Org.nr 989 080 822 2023 → 2024 Year-over-year analysis

ADVOKATENE LEIROS & OLSEN AS: årsregnskap 2024 vs 2023

Grew 20% on revenue, weaker earnings

approved 2025-04-02; registry 2025-04-28; journal 2025 391385

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATENE LEIROS & OLSEN AS. Revenue 15.11m NOK → 18.08m NOK (+19.6%). Net result +658.4k NOK → +418.3k NOK. Equity 3.08m NOK → 4.00m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATENE LEIROS & OLSEN AS.

Scorecard

Revenue
15.11m NOK 18.08m NOK
+19.6%
Operating result
+710.7k NOK +495.4k NOK
-30.3%
Net result
+658.4k NOK +418.3k NOK
-36.5%
Equity
3.08m NOK 4.00m NOK
+29.8%
Cash
5.51m NOK 7.61m NOK
+37.9%
Total assets
6.96m NOK 8.84m NOK
+27.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.11m NOK to 18.08m NOK (+19.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.08m NOK → 4.00m NOK (equity ratio 44.3% → 45.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.51m NOK → 7.61m NOK (+37.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +710.7k NOK → +495.4k NOK (op. margin 4.7% → 2.7%). Calculated

  • ↓

    Net result weakened

    Net result +658.4k NOK → +418.3k NOK (net margin 4.4% → 2.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.61m NOK → 13.69m NOK (77% → 76% of revenue). Calculated