Org.nr 981 459 326 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET BULL AS: årsregnskap 2024 vs 2023

Grew 14% on revenue

approved 2025-04-24; registry 2025-05-05; journal 2025 405518

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET BULL AS. Revenue 204.58m NOK → 234.24m NOK (+14.5%). Net result +2.26m NOK → +2.35m NOK. Equity 57.89m NOK → 66.69m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET BULL AS.

Scorecard

Revenue
204.58m NOK 234.24m NOK
+14.5%
Operating result
+3.84m NOK +68.81m NOK
+1690.8%
Net result
+2.26m NOK +2.35m NOK
+4.2%
Equity
57.89m NOK 66.69m NOK
+15.2%
Cash
5.06m NOK 4.23m NOK
-16.4%
Total assets
89.29m NOK 101.97m NOK
+14.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 204.58m NOK to 234.24m NOK (+14.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.84m NOK → +68.81m NOK (op. margin 1.9% → 29.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 57.89m NOK → 66.69m NOK (equity ratio 64.8% → 65.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.06m NOK → 4.23m NOK (-16.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 54.37m NOK → 6.41m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 93.51m NOK → 1.11bn NOK (46% → 474% of revenue). Calculated