Org.nr 918 343 717 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET BRODWALL OG KVANVIK AS: årsregnskap 2024 vs 2023

Grew 56% on revenue, stronger earnings

approved 2025-04-30; registry 2025-05-05; journal 2025 406316

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET BRODWALL OG KVANVIK AS. Revenue 7.03m NOK → 10.97m NOK (+56.2%). Net result +1.52m NOK → +3.59m NOK. Equity 154.4k NOK → 203.6k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET BRODWALL OG KVANVIK AS.

Scorecard

Revenue
7.03m NOK 10.97m NOK
+56.2%
Operating result
+1.98m NOK +4.60m NOK
+132.1%
Net result
+1.52m NOK +3.59m NOK
+136.6%
Equity
154.4k NOK 203.6k NOK
+31.9%
Cash
1.85m NOK 3.17m NOK
+71.3%
Total assets
3.31m NOK 5.86m NOK
+77.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.03m NOK to 10.97m NOK (+56.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.98m NOK → +4.60m NOK (op. margin 28.2% → 42.0%). Calculated

  • ↑

    Net result improved

    Net result +1.52m NOK → +3.59m NOK (net margin 21.6% → 32.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 154.4k NOK → 203.6k NOK (equity ratio 4.7% → 3.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.85m NOK → 3.17m NOK (+71.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.22m NOK → 4.14m NOK (46% → 38% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 435.4k NOK → 778.3k NOK (+78.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 5. Reported fact