ADVOKATFIRMA GEIRR FRØNES AS: årsregnskap 2024 vs 2023
Slipped into loss
approved 2025-04-29; registry 2025-05-03; journal 2025 402748
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA GEIRR FRØNES AS. Revenue 3.26m NOK → 3.12m NOK (-4.1%). Net result +420.4k NOK → -108.3k NOK. Equity 1.13m NOK → 1.02m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 337.6k NOK → 473.5k NOK (+40.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.26m NOK to 3.12m NOK (-4.1% YoY). Calculated
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↓
Operating result weakened
Operating result +532.2k NOK → -142.4k NOK (op. margin 16.3% → -4.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 420.4k NOK profit to a loss of 108.3k NOK. Calculated
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↓
Equity eroded
Book equity 1.13m NOK → 1.02m NOK (equity ratio 72.1% → 64.7%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.92m NOK → 1.94m NOK (59% → 62% of revenue). Calculated