Org.nr 982 791 553 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET KOLDEN OG RINGERUD AS: årsregnskap 2024 vs 2023

Grew 77% on revenue, cash halved-plus

approved 2025-04-23; registry 2025-04-29; journal 2025 396684

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET KOLDEN OG RINGERUD AS. Revenue 3.72m NOK → 6.57m NOK (+76.7%). Net result +536.3k NOK → +625.6k NOK. Equity 106.6k NOK → 132.2k NOK.

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

Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET KOLDEN OG RINGERUD AS.

Scorecard

Revenue
3.72m NOK 6.57m NOK
+76.7%
Operating result
+708.0k NOK +54.3k NOK
-92.3%
Net result
+536.3k NOK +625.6k NOK
+16.6%
Equity
106.6k NOK 132.2k NOK
+24.0%
Cash
13.70m NOK 13 NOK
-100.0%
Total assets
2.94m NOK 39.01m NOK
+1229.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.72m NOK to 6.57m NOK (+76.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +536.3k NOK → +625.6k NOK (net margin 14.4% → 9.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 106.6k NOK → 132.2k NOK (equity ratio 3.6% → 0.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +708.0k NOK → +54.3k NOK (op. margin 19.0% → 0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 13.70m NOK → 13 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (13.70m NOK → 13 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 2.42m NOK → 3.76m NOK (65% → 57% of revenue). Calculated