Org.nr 970 920 420 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET HVATTUM AS: årsregnskap 2024 vs 2023

Shrank 67% on revenue, weaker earnings

approved 2025-11-25; registry 2025-11-27; journal 2025 763459

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET HVATTUM AS. Revenue 432.1k NOK → 143.7k NOK (-66.7%). Net result -90.6k NOK → -154.0k NOK. Equity 1.09m NOK → 2.86m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET HVATTUM AS.

Scorecard

Revenue
432.1k NOK 143.7k NOK
-66.7%
Operating result
-90.1k NOK -156.6k NOK
-73.8%
Net result
-90.6k NOK -154.0k NOK
-69.9%
Equity
1.09m NOK 2.86m NOK
+163.4%
Cash
38.3k NOK 81.6k NOK
+113.1%
Total assets
1.13m NOK 867.9k NOK
-23.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.09m NOK → 2.86m NOK (equity ratio 96.0% → 329.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.3k NOK → 81.6k NOK (+113.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 344.4k NOK → 110.2k NOK (80% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 432.1k NOK to 143.7k NOK (-66.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -90.1k NOK → -156.6k NOK (op. margin -20.9% → -109.0%). Calculated

  • ↓

    Net result weakened

    Net result -90.6k NOK → -154.0k NOK (net margin -21.0% → -107.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation