Org.nr 991 340 580 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET FINN AS: årsregnskap 2024 vs 2023

Grew 14% on revenue, weaker earnings

approved 2025-04-28; registry 2025-04-30; journal 2025 398796

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET FINN AS. Revenue 18.65m NOK → 21.35m NOK (+14.5%). Net result +1.51m NOK → +1.13m NOK. Equity 2.06m NOK → 1.79m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET FINN AS.

Scorecard

Revenue
18.65m NOK 21.35m NOK
+14.5%
Operating result
+509.5k NOK +1.67m NOK
+227.4%
Net result
+1.51m NOK +1.13m NOK
-25.0%
Equity
2.06m NOK 1.79m NOK
-13.0%
Cash
504.4k NOK 578.0k NOK
+14.6%
Total assets
6.59m NOK 7.55m NOK
+14.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.65m NOK to 21.35m NOK (+14.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +509.5k NOK → +1.67m NOK (op. margin 2.7% → 7.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 504.4k NOK → 578.0k NOK (+14.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.51m NOK → +1.13m NOK (net margin 8.1% → 5.3%). Calculated

  • ↓

    Equity eroded

    Book equity 2.06m NOK → 1.79m NOK (equity ratio 31.2% → 23.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 12.40m NOK → 15.14m NOK (67% → 71% of revenue). Calculated