Org.nr 997 656 091 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA RISNES AS: årsregnskap 2024 vs 2023

Shrank 46% on revenue, weaker earnings, cash halved-plus

approved 2025-05-02; registry 2025-05-07; journal 2025 409571

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA RISNES AS. Revenue 4.00m NOK → 2.15m NOK (-46.4%). Net result +998.9k NOK → +10.1k NOK. Equity 898.8k NOK → 908.9k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMA RISNES AS.

Scorecard

Revenue
4.00m NOK 2.15m NOK
-46.4%
Operating result
+1.28m NOK +54.2k NOK
-95.8%
Net result
+998.9k NOK +10.1k NOK
-99.0%
Equity
898.8k NOK 908.9k NOK
+1.1%
Cash
8.11m NOK 8 NOK
-100.0%
Total assets
2.32m NOK 2.20m NOK
-5.3%

What improved

  • ↑

    Equity strengthened

    Book equity 898.8k NOK → 908.9k NOK (equity ratio 38.7% → 41.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 886.7k NOK → 850.6k NOK (22% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.00m NOK to 2.15m NOK (-46.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.28m NOK → +54.2k NOK (op. margin 32.1% → 2.5%). Calculated

  • ↓

    Net result weakened

    Net result +998.9k NOK → +10.1k NOK (net margin 25.0% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.11m NOK → 8 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.11m NOK → 8 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.26m NOK → 509.0k NOK (-59.6% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.2. Reported fact