Org.nr 920 902 936 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET HARTZ & CO AS: årsregnskap 2024 vs 2023

Grew 11% on revenue

approved 2025-04-29; registry 2025-05-28; journal 2025 481344

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET HARTZ & CO AS. Revenue 14.02m NOK → 15.53m NOK (+10.7%). Net result +2.94m NOK → +3.33m NOK. Equity 528.3k NOK → 558.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HARTZ & CO AS.

Scorecard

Revenue
14.02m NOK 15.53m NOK
+10.7%
Operating result
+3.78m NOK +4.36m NOK
+15.3%
Net result
+2.94m NOK +3.33m NOK
+13.4%
Equity
528.3k NOK 558.2k NOK
+5.7%
Cash
3.40m NOK 3.77m NOK
+10.9%
Total assets
8.80m NOK 10.45m NOK
+18.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.02m NOK to 15.53m NOK (+10.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.78m NOK → +4.36m NOK (op. margin 27.0% → 28.1%). Calculated

  • ↑

    Net result improved

    Net result +2.94m NOK → +3.33m NOK (net margin 20.9% → 21.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 528.3k NOK → 558.2k NOK (equity ratio 6.0% → 5.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.40m NOK → 3.77m NOK (+10.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 7.20m NOK → 7.46m NOK (51% → 48% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 6. Reported fact