ADVOKATFIRMA BJØRN H. LARSEN AS: årsregnskap 2024 vs 2023
Grew 11% on revenue, cash halved-plus
approved 2025-03-03; registry 2025-03-05; journal 2025 323670
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA BJØRN H. LARSEN AS. Revenue 1.21m NOK → 1.34m NOK (+10.7%). Net result +218.6k NOK → +193.0k NOK. Equity 859.9k NOK → 53.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA BJØRN H. LARSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.21m NOK to 1.34m NOK (+10.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +287.9k NOK → +267.0k NOK (op. margin 23.7% → 19.9%). Calculated
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↓
Net result weakened
Net result +218.6k NOK → +193.0k NOK (net margin 18.0% → 14.4%). Calculated
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↓
Equity eroded
Book equity 859.9k NOK → 53.0k NOK (equity ratio 72.1% → 3.4%). Calculated
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↓
Cash fell
Bank deposits 115.9k NOK → 35.5k NOK (-69.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 483.0k NOK → 688.2k NOK (40% → 51% of revenue). Calculated