Org.nr 912 785 386 2023 → 2024 Year-over-year analysis

ADVOKATFIRMA WANG & HOLM-OLSEN AS: årsregnskap 2024 vs 2023

Grew 8% on revenue, weaker earnings, cash halved-plus

approved 2025-02-21; registry 2025-03-15; journal 2025 332994

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMA WANG & HOLM-OLSEN AS. Revenue 5.54m NOK → 6.00m NOK (+8.2%). Net result +402.9k NOK → +216.1k NOK. Equity 1.36m NOK → 1.48m NOK.

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

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

Scorecard

Revenue
5.54m NOK 6.00m NOK
+8.2%
Operating result
+506.5k NOK +229.7k NOK
-54.7%
Net result
+402.9k NOK +216.1k NOK
-46.4%
Equity
1.36m NOK 1.48m NOK
+8.5%
Cash
946.8k NOK 137.5k NOK
-85.5%
Total assets
2.38m NOK 2.55m NOK
+6.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.54m NOK to 6.00m NOK (+8.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.36m NOK → 1.48m NOK (equity ratio 57.2% → 58.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +506.5k NOK → +229.7k NOK (op. margin 9.1% → 3.8%). Calculated

  • ↓

    Net result weakened

    Net result +402.9k NOK → +216.1k NOK (net margin 7.3% → 3.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 946.8k NOK → 137.5k NOK (-85.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.76m NOK → 4.32m NOK (68% → 72% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3. Reported fact