Org.nr 914 160 898 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET ERIKSEN AS: årsregnskap 2024 vs 2023

Grew 7% on revenue, stronger earnings, cash halved-plus

approved 2025-04-08; registry 2025-04-12; journal 2025 373022

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET ERIKSEN AS. Revenue 5.61m NOK → 6.02m NOK (+7.4%). Net result +286.2k NOK → +565.8k NOK. Equity 1.04m NOK → 1.21m NOK.

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

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

Scorecard

Revenue
5.61m NOK 6.02m NOK
+7.4%
Operating result
+286.3k NOK +700 NOK
-99.8%
Net result
+286.2k NOK +565.8k NOK
+97.7%
Equity
1.04m NOK 1.21m NOK
+15.9%
Cash
679.8k NOK 4 258 NOK
-99.4%
Total assets
2.52m NOK 2.96m NOK
+17.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.61m NOK to 6.02m NOK (+7.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +286.2k NOK → +565.8k NOK (net margin 5.1% → 9.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.04m NOK → 1.21m NOK (equity ratio 41.3% → 40.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +286.3k NOK → +700 NOK (op. margin 5.1% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 679.8k NOK → 4 258 NOK (-99.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 113.6k NOK → 65.1k NOK (-42.7% YoY). Calculated