FirmaIQ
Org.nr 998 547 210 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET HORNELAND AS: årsregnskap 2024 vs 2023

Grew 56% on revenue, stronger earnings

approved 2025-04-29; registry 2025-05-05; journal 2025 405040

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET HORNELAND AS. Revenue 2.19m NOK → 3.41m NOK (+56.0%). Net result +270.0k NOK → +584.9k NOK. Equity 608.7k NOK → 623.6k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET HORNELAND AS.

At a glance

Scorecard

Revenue
2.19m NOK 3.41m NOK
+56.0%
Operating result
+321.6k NOK +753.1k NOK
+134.1%
Net result
+270.0k NOK +584.9k NOK
+116.6%
Equity
608.7k NOK 623.6k NOK
+2.4%
Cash
90.6k NOK 1.26m NOK
+1293.0%
Total assets
1.46m NOK 1.82m NOK
+24.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.19m NOK to 3.41m NOK (+56.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +321.6k NOK → +753.1k NOK (op. margin 14.7% → 22.1%). Calculated

  • ↑

    Net result improved

    Net result +270.0k NOK → +584.9k NOK (net margin 12.3% → 17.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 608.7k NOK → 623.6k NOK (equity ratio 41.6% → 34.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 90.6k NOK → 1.26m NOK (+1293.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.17m NOK → 1.25m NOK (53% → 37% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 74.3k NOK → 659.8k NOK (+787.5% YoY). Calculated