Org.nr 923 116 958 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET GISVOLD AS: årsregnskap 2024 vs 2023

Grew 84% on revenue, stronger earnings

approved 2025-04-07; registry 2025-04-09; journal 2025 368848

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET GISVOLD AS. Revenue 4.94m NOK → 9.10m NOK (+84.3%). Net result +1.92m NOK → +3.31m NOK. Equity 343.9k NOK → 505.2k 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 GISVOLD AS.

Scorecard

Revenue
4.94m NOK 9.10m NOK
+84.3%
Operating result
+2.46m NOK +4.24m NOK
+72.2%
Net result
+1.92m NOK +3.31m NOK
+72.2%
Equity
343.9k NOK 505.2k NOK
+46.9%
Cash
2.39m NOK 4.68m NOK
+95.5%
Total assets
3.03m NOK 5.29m NOK
+74.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.94m NOK to 9.10m NOK (+84.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.46m NOK → +4.24m NOK (op. margin 49.9% → 46.6%). Calculated

  • ↑

    Net result improved

    Net result +1.92m NOK → +3.31m NOK (net margin 38.9% → 36.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 343.9k NOK → 505.2k NOK (equity ratio 11.4% → 9.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.39m NOK → 4.68m NOK (+95.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 851.1k NOK → 2.93m NOK (17% → 32% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.37m NOK → 3.56m NOK (+160.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.15. Reported fact