Org.nr 918 989 013 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA WÅLAND AS: årsregnskap 2024 vs 2023

Shrank 7% on revenue, weaker earnings

registry 2025-05-03; journal 2025 402446

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA WÅLAND AS. Revenue 3.30m NOK → 3.06m NOK (-7.2%). Net result +346.8k NOK → +187.6k NOK. Equity 1.73m NOK → 1.72m NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMA WÅLAND AS.

Scorecard

Revenue
3.30m NOK 3.06m NOK
-7.2%
Operating result
+441.7k NOK +228.2k NOK
-48.3%
Net result
+346.8k NOK +187.6k NOK
-45.9%
Equity
1.73m NOK 1.72m NOK
-0.7%
Cash
433.6k NOK 365.8k NOK
-15.6%
Total assets
2.28m NOK 2.23m NOK
-2.3%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.21× → 2.15×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.30m NOK to 3.06m NOK (-7.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +441.7k NOK → +228.2k NOK (op. margin 13.4% → 7.5%). Calculated

  • ↓

    Net result weakened

    Net result +346.8k NOK → +187.6k NOK (net margin 10.5% → 6.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.73m NOK → 1.72m NOK (equity ratio 75.8% → 77.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 433.6k NOK → 365.8k NOK (-15.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 36.9k NOK → -46.0k NOK (-224.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.04m NOK → 1.01m NOK. Reported fact