Org.nr 919 227 222 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET BERG AS: årsregnskap 2024 vs 2023

Shrank 12% on revenue, returned to profit

approved 2025-03-19; registry 2025-03-24; journal 2025 343496

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET BERG AS. Revenue 6.25m NOK → 5.50m NOK (-11.9%). Net result -470.4k NOK → +132.0k NOK. Equity 7 NOK → -100.8k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET BERG AS.

Scorecard

Revenue
6.25m NOK 5.50m NOK
-11.9%
Operating result
-467.5k NOK +368.7k NOK
+178.9%
Net result
-470.4k NOK +132.0k NOK
+128.1%
Equity
7 NOK -100.8k NOK
-1440000.0%
Cash
51.5k NOK 72.2k NOK
+40.3%

What improved

  • ↑

    Operating result improved

    Operating result -467.5k NOK → +368.7k NOK (op. margin -7.5% → 6.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 470.4k NOK to a profit of 132.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 51.5k NOK → 72.2k NOK (+40.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.82m NOK → 2.08m NOK (61% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.25m NOK to 5.50m NOK (-11.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 7 NOK → -100.8k NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 621.3k NOK → 509.6k NOK (-18.0% YoY). Calculated