Org.nr 922 916 829 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET ALGEROY AS: årsregnskap 2024 vs 2023

Grew 10% on revenue, weaker earnings, cash halved-plus

approved 2025-03-31; registry 2025-04-02; journal 2025 359012

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET ALGEROY AS. Revenue 2.63m NOK → 2.90m NOK (+10.4%). Net result +257.7k NOK → +135.8k NOK. Equity 288.6k NOK → 166.4k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET ALGEROY AS.

Scorecard

Revenue
2.63m NOK 2.90m NOK
+10.4%
Operating result
+328.6k NOK +187.9k NOK
-42.8%
Net result
+257.7k NOK +135.8k NOK
-47.3%
Equity
288.6k NOK 166.4k NOK
-42.4%
Cash
208.6k NOK 102.2k NOK
-51.0%
Total assets
745.4k NOK 702.7k NOK
-5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.63m NOK to 2.90m NOK (+10.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +328.6k NOK → +187.9k NOK (op. margin 12.5% → 6.5%). Calculated

  • ↓

    Net result weakened

    Net result +257.7k NOK → +135.8k NOK (net margin 9.8% → 4.7%). Calculated

  • ↓

    Equity eroded

    Book equity 288.6k NOK → 166.4k NOK (equity ratio 38.7% → 23.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 208.6k NOK → 102.2k NOK (-51.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.65m NOK → 1.88m NOK (63% → 65% of revenue). Calculated