FirmaIQ
Org.nr 991 504 125 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA OLAFSEN AS: årsregnskap 2024 vs 2023

Grew 16% on revenue, weaker earnings

approved 2025-03-31; registry 2025-04-10; journal 2025 371445

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA OLAFSEN AS. Revenue 7.73m NOK → 8.95m NOK (+15.8%). Net result +560.5k NOK → +381.4k NOK. Equity 3.04m NOK → 3.02m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA OLAFSEN AS.

At a glance

Scorecard

Revenue
7.73m NOK 8.95m NOK
+15.8%
Operating result
+690.2k NOK +445.7k NOK
-35.4%
Net result
+560.5k NOK +381.4k NOK
-31.9%
Equity
3.04m NOK 3.02m NOK
-0.6%
Cash
2.11m NOK 1.92m NOK
-9.3%
Total assets
5.06m NOK 5.43m NOK
+7.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.73m NOK to 8.95m NOK (+15.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +690.2k NOK → +445.7k NOK (op. margin 8.9% → 5.0%). Calculated

  • ↓

    Net result weakened

    Net result +560.5k NOK → +381.4k NOK (net margin 7.3% → 4.3%). Calculated

  • ↓

    Equity eroded

    Book equity 3.04m NOK → 3.02m NOK (equity ratio 60.1% → 55.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.11m NOK → 1.92m NOK (-9.3% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3. Reported fact