Org.nr 913 669 932 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA SØLVERUD AS: årsregnskap 2024 vs 2023

Grew 51% on revenue, weaker earnings

approved 2025-04-29; registry 2025-05-06; journal 2025 406926

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA SØLVERUD AS. Revenue 2.76m NOK → 4.16m NOK (+50.9%). Net result +546.5k NOK → +239.5k NOK. Equity 172.3k NOK → 411.8k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

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

Scorecard

Revenue
2.76m NOK 4.16m NOK
+50.9%
Operating result
+547.3k NOK +225 NOK
-100.0%
Net result
+546.5k NOK +239.5k NOK
-56.2%
Equity
172.3k NOK 411.8k NOK
+139.0%
Cash
115.6k NOK 491.1k NOK
+324.9%
Total assets
726.3k NOK 250.5k NOK
-65.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.76m NOK to 4.16m NOK (+50.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 172.3k NOK → 411.8k NOK (equity ratio 23.7% → 164.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 115.6k NOK → 491.1k NOK (+324.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +547.3k NOK → +225 NOK (op. margin 19.8% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +546.5k NOK → +239.5k NOK (net margin 19.8% → 5.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.03× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.62m NOK → 3.43m NOK (59% → 83% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 4.5. Reported fact