Org.nr 990 297 924 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA METTEVOLL AS: årsregnskap 2024 vs 2023

Grew 14% on revenue, stronger earnings

approved 2025-01-24; registry 2025-01-29; journal 2025 303589

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA METTEVOLL AS. Revenue 2.16m NOK → 2.46m NOK (+14.1%). Net result +787.6k NOK → +992.8k NOK. Equity 135.3k NOK → 128.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMA METTEVOLL AS.

Scorecard

Revenue
2.16m NOK 2.46m NOK
+14.1%
Operating result
+9 683 NOK +1.27m NOK
+13054.1%
Net result
+787.6k NOK +992.8k NOK
+26.1%
Equity
135.3k NOK 128.2k NOK
-5.3%
Cash
1.27m NOK 1.42m NOK
+12.3%
Total assets
1.35m NOK 1.66m NOK
+23.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.16m NOK to 2.46m NOK (+14.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +9 683 NOK → +1.27m NOK (op. margin 0.4% → 51.7%). Calculated

  • ↑

    Net result improved

    Net result +787.6k NOK → +992.8k NOK (net margin 36.5% → 40.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.27m NOK → 1.42m NOK (+12.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 135.3k NOK → 128.2k NOK (equity ratio 10.1% → 7.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 516.5k NOK → 546.4k NOK (24% → 22% of revenue). Calculated