FirmaIQ
Org.nr 984 984 375 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA GRUNDEKJØN & CO AS: årsregnskap 2024 vs 2023

Shrank 20% on revenue, weaker earnings

approved 2025-04-24; registry 2025-04-28; journal 2025 393833

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA GRUNDEKJØN & CO AS. Revenue 386.9k NOK → 310.4k NOK (-19.8%). Net result +4.12m NOK → +101.2k NOK. Equity 127.1k NOK → 178.2k NOK.

On the constructive side: equity strengthened. 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 ADVOKATFIRMA GRUNDEKJØN & CO AS.

At a glance

Scorecard

Revenue
386.9k NOK 310.4k NOK
-19.8%
Operating result
+157.2k NOK +133.2k NOK
-15.3%
Net result
+4.12m NOK +101.2k NOK
-97.5%
Equity
127.1k NOK 178.2k NOK
+40.3%
Cash
267.7k NOK 248.7k NOK
-7.1%
Total assets
406.6k NOK 281.2k NOK
-30.9%

What improved

  • ↑

    Equity strengthened

    Book equity 127.1k NOK → 178.2k NOK (equity ratio 31.2% → 63.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 386.9k NOK to 310.4k NOK (-19.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +157.2k NOK → +133.2k NOK (op. margin 40.6% → 42.9%). Calculated

  • ↓

    Net result weakened

    Net result +4.12m NOK → +101.2k NOK (net margin 1064.8% → 32.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 267.7k NOK → 248.7k NOK (-7.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 82.3k NOK → 20.4k NOK (-75.2% YoY). Calculated