Org.nr 921 898 851 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET GLIMSHOLT AS: årsregnskap 2024 vs 2023

Shrank 5% on revenue

approved 2025-03-03; registry 2025-03-29; journal 2025 353945

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET GLIMSHOLT AS. Revenue 4.08m NOK → 3.86m NOK (-5.4%). Net result +606.8k NOK → +521.1k NOK. Equity 1.85m NOK → 1.97m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
4.08m NOK 3.86m NOK
-5.4%
Operating result
+778.8k NOK +671.2k NOK
-13.8%
Net result
+606.8k NOK +521.1k NOK
-14.1%
Equity
1.85m NOK 1.97m NOK
+6.6%
Cash
222.0k NOK 1.40m NOK
+529.8%
Total assets
3.02m NOK 3.45m NOK
+14.1%

What improved

  • ↑

    Equity strengthened

    Book equity 1.85m NOK → 1.97m NOK (equity ratio 61.0% → 57.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 222.0k NOK → 1.40m NOK (+529.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.13m NOK → 2.03m NOK (52% → 53% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.08m NOK to 3.86m NOK (-5.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +778.8k NOK → +671.2k NOK (op. margin 19.1% → 17.4%). Calculated

  • ↓

    Net result weakened

    Net result +606.8k NOK → +521.1k NOK (net margin 14.9% → 13.5%). Calculated