Org.nr 918 329 110 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA SYVERTSEN AS: årsregnskap 2024 vs 2023

Shrank 11% on revenue, slipped into loss, cash halved-plus

approved 2025-05-09; registry 2025-05-14; journal 2025 430776

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA SYVERTSEN AS. Revenue 1.65m NOK → 1.47m NOK (-11.4%). Net result +1.62m NOK → -112.5k NOK. Equity 1.54m NOK → 1.42m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
1.65m NOK 1.47m NOK
-11.4%
Operating result
+829.4k NOK +375.0k NOK
-54.8%
Net result
+1.62m NOK -112.5k NOK
-106.9%
Equity
1.54m NOK 1.42m NOK
-7.3%
Cash
267.5k NOK -73.2k NOK
-127.4%
Total assets
5.39m NOK 4.77m NOK
-11.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.64m NOK → 2.67m NOK (220% → 183% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.65m NOK to 1.47m NOK (-11.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +829.4k NOK → +375.0k NOK (op. margin 50.1% → 25.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.62m NOK profit to a loss of 112.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.54m NOK → 1.42m NOK (equity ratio 28.5% → 29.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 267.5k NOK → -73.2k NOK (-127.4% YoY). Calculated