Org.nr 961 559 626 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET HORGEN AS: årsregnskap 2024 vs 2023

Grew 50% on revenue

approved 2025-04-17; registry 2025-05-03; journal 2025 403245

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET HORGEN AS. Revenue 226.1k NOK → 339.4k NOK (+50.1%). Net result +81 NOK → +3 411 NOK. Equity 367.6k NOK → 371 NOK.

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

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

Scorecard

Revenue
226.1k NOK 339.4k NOK
+50.1%
Operating result
-11.7k NOK -10.5k NOK
+9.8%
Net result
+81 NOK +3 411 NOK
+4111.1%
Equity
367.6k NOK 371 NOK
-99.9%
Cash
2.54m NOK 3.04m NOK
+19.6%
Total assets
2.61m NOK 3.08m NOK
+18.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 226.1k NOK to 339.4k NOK (+50.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -11.7k NOK → -10.5k NOK (op. margin -5.2% → -3.1%). Calculated

  • ↑

    Net result improved

    Net result +81 NOK → +3 411 NOK (net margin 0.0% → 1.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.54m NOK → 3.04m NOK (+19.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 367.6k NOK → 371 NOK (equity ratio 14.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 162.0k NOK → 240.0k NOK (72% → 71% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact