Org.nr 916 531 273 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET KARLSEN AS: årsregnskap 2024 vs 2023

Shrank 16% on revenue, weaker earnings

approved 2025-03-13; registry 2025-03-19; journal 2025 337754

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET KARLSEN AS. Revenue 2.48m NOK → 2.07m NOK (-16.3%). Net result +4.34m NOK → +334.5k NOK. Equity 975.0k NOK → 1.31m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KARLSEN AS.

Scorecard

Revenue
2.48m NOK 2.07m NOK
-16.3%
Operating result
+551.5k NOK +515.3k NOK
-6.6%
Net result
+4.34m NOK +334.5k NOK
-92.3%
Equity
975.0k NOK 1.31m NOK
+34.3%
Cash
37.6k NOK 62.4k NOK
+66.0%
Total assets
2.28m NOK 2.77m NOK
+21.6%

What improved

  • ↑

    Equity strengthened

    Book equity 975.0k NOK → 1.31m NOK (equity ratio 42.8% → 47.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 37.6k NOK → 62.4k NOK (+66.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.48m NOK to 2.07m NOK (-16.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +551.5k NOK → +515.3k NOK (op. margin 22.3% → 24.9%). Calculated

  • ↓

    Net result weakened

    Net result +4.34m NOK → +334.5k NOK (net margin 175.1% → 16.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.04m NOK → 1.88m NOK (42% → 91% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 25.5k NOK → 35.5k NOK. Reported fact