Org.nr 920 771 335 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA SIMONSEN OG RANA AS: årsregnskap 2024 vs 2023

Shrank 99% on revenue, returned to profit, cash halved-plus

approved 2025-05-16; registry 2025-05-19; journal 2025 445762

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA SIMONSEN OG RANA AS. Revenue 973.0k NOK → 5 341 NOK (-99.5%). Net result -291.1k NOK → +372.8k NOK. Equity 6.72m NOK → 875.8k NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
973.0k NOK 5 341 NOK
-99.5%
Operating result
-288.8k NOK +413.2k NOK
+243.1%
Net result
-291.1k NOK +372.8k NOK
+228.1%
Equity
6.72m NOK 875.8k NOK
-87.0%
Cash
682.8k NOK 250.1k NOK
-63.4%
Total assets
943.7k NOK 494.5k NOK
-47.6%

What improved

  • ↑

    Operating result improved

    Operating result -288.8k NOK → +413.2k NOK (op. margin -29.7% → 7737.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 291.1k NOK to a profit of 372.8k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 973.0k NOK to 5 341 NOK (-99.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.72m NOK → 875.8k NOK (equity ratio 711.6% → 177.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 682.8k NOK → 250.1k NOK (-63.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.86× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.82m NOK → 2.88m NOK (290% → 53937% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.01. Reported fact