Org.nr 929 802 691 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET HØINES AS: årsregnskap 2024 vs 2023

Grew 60% on revenue, weaker earnings

approved 2025-04-10; registry 2025-04-19; journal 2025 381414

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET HØINES AS. Revenue 4.71m NOK → 7.55m NOK (+60.2%). Net result +428.9k NOK → +254.1k NOK. Equity 891.7k NOK → 638.0k NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET HØINES AS.

Scorecard

Revenue
4.71m NOK 7.55m NOK
+60.2%
Operating result
+547.5k NOK +605.9k NOK
+10.7%
Net result
+428.9k NOK +254.1k NOK
-40.8%
Equity
891.7k NOK 638.0k NOK
-28.4%
Cash
260.4k NOK 450.5k NOK
+73.0%
Total assets
325.1k NOK 3.94m NOK
+1110.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.71m NOK to 7.55m NOK (+60.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +547.5k NOK → +605.9k NOK (op. margin 11.6% → 8.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 260.4k NOK → 450.5k NOK (+73.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.57× → 1.70×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +428.9k NOK → +254.1k NOK (net margin 9.1% → 3.4%). Calculated

  • ↓

    Equity eroded

    Book equity 891.7k NOK → 638.0k NOK (equity ratio 274.3% → 16.2%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 4. Reported fact