FirmaIQ
Org.nr 918 493 964 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET BAX AS: årsregnskap 2024 vs 2023

Grew 32% on revenue, stronger earnings

approved 2025-03-05; registry 2025-03-12; journal 2025 329792

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET BAX AS. Revenue 14.60m NOK → 19.31m NOK (+32.3%). Net result +5.42m NOK → +7.30m NOK. Equity 419.5k NOK → 419.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET BAX AS.

At a glance

Scorecard

Revenue
14.60m NOK 19.31m NOK
+32.3%
Operating result
+6.95m NOK +9.37m NOK
+34.8%
Net result
+5.42m NOK +7.30m NOK
+34.7%
Equity
419.5k NOK 419.5k NOK
+0.0%
Cash
3.23m NOK 3.39m NOK
+5.1%
Total assets
9.64m NOK 12.22m NOK
+26.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.60m NOK to 19.31m NOK (+32.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +6.95m NOK → +9.37m NOK (op. margin 47.6% → 48.5%). Calculated

  • ↑

    Net result improved

    Net result +5.42m NOK → +7.30m NOK (net margin 37.1% → 37.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.23m NOK → 3.39m NOK (+5.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 101.5k NOK → 247.8k NOK (+144.1% YoY). Calculated