ADVOKATFIRMAET KVANVIK & SCHJETNE AS: årsregnskap 2024 vs 2023
Grew 26% on revenue, weaker earnings
approved 2025-04-28; registry 2025-05-05; journal 2025 404953
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET KVANVIK & SCHJETNE AS. Revenue 2.12m NOK → 2.66m NOK (+25.6%). Net result -13.3k NOK → -51.9k NOK. Equity 326.5k NOK → 274.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KVANVIK & SCHJETNE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.12m NOK to 2.66m NOK (+25.6% YoY). Calculated
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↑
Cash rose
Bank deposits 626.2k NOK → 644.2k NOK (+2.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -17.6k NOK → -54.4k NOK (op. margin -0.8% → -2.0%). Calculated
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↓
Net result weakened
Net result -13.3k NOK → -51.9k NOK (net margin -0.6% → -1.9%). Calculated
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↓
Equity eroded
Book equity 326.5k NOK → 274.6k NOK (equity ratio 36.7% → 278.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.58× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.68m NOK → 2.19m NOK (79% → 82% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 29.0k NOK (None YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 2. Reported fact