FirmaIQ
Org.nr 917 472 270 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET HERSTAD AS: årsregnskap 2024 vs 2023

Grew 20% on revenue, stronger earnings

approved 2025-04-29; registry 2025-05-05; journal 2025 404778

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET HERSTAD AS. Revenue 3.40m NOK → 4.08m NOK (+20.0%). Net result +81.1k NOK → +319.4k NOK. Equity 1.34m NOK → 1.66m NOK.

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

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

At a glance

Scorecard

Revenue
3.40m NOK 4.08m NOK
+20.0%
Operating result
+87.0k NOK +367.0k NOK
+321.7%
Net result
+81.1k NOK +319.4k NOK
+293.8%
Equity
1.34m NOK 1.66m NOK
+23.9%
Cash
1.25m NOK 1.88m NOK
+49.4%
Total assets
2.10m NOK 2.88m NOK
+36.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.40m NOK to 4.08m NOK (+20.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +87.0k NOK → +367.0k NOK (op. margin 2.6% → 9.0%). Calculated

  • ↑

    Net result improved

    Net result +81.1k NOK → +319.4k NOK (net margin 2.4% → 7.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.34m NOK → 1.66m NOK (equity ratio 63.6% → 57.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.25m NOK → 1.88m NOK (+49.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.24m NOK → 2.60m NOK (66% → 64% of revenue). Calculated