Org.nr 931 741 160 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET ADVOTEKET AS: årsregnskap 2024 vs 2023

Grew 466995% on revenue, stronger earnings

approved 2025-04-30; registry 2025-05-20; journal 2025 448987

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET ADVOTEKET AS. Revenue 1 074 NOK → 5.02m NOK (+466995.4%). Net result +353.9k NOK → +1.56m NOK. Equity 42.3k NOK → 30.0k NOK.

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

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET ADVOTEKET AS.

Scorecard

Revenue
1 074 NOK 5.02m NOK
+466995.4%
Operating result
+453.6k NOK +30.5k NOK
-93.3%
Net result
+353.9k NOK +1.56m NOK
+340.5%
Equity
42.3k NOK 30.0k NOK
-29.0%
Cash
162.9k NOK 156.8k NOK
-3.8%
Total assets
1.14m NOK 2.48m NOK
+117.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 074 NOK to 5.02m NOK (+466995.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +353.9k NOK → +1.56m NOK (net margin 32947.7% → 31.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +453.6k NOK → +30.5k NOK (op. margin 42235.9% → 0.6%). Calculated

  • ↓

    Equity eroded

    Book equity 42.3k NOK → 30.0k NOK (equity ratio 3.7% → 1.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 162.9k NOK → 156.8k NOK (-3.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1009.42× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 547 NOK → 1.56m NOK (144% → 31% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 35.6k NOK → 39.3k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact