Org.nr 997 318 013 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET KVASSTIND AS: årsregnskap 2024 vs 2023

Grew 24% on revenue, cash halved-plus

approved 2025-04-29; registry 2025-05-05; journal 2025 404952

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET KVASSTIND AS. Revenue 13.57m NOK → 16.78m NOK (+23.7%). Net result +5.02m NOK → +4.07m NOK. Equity 4.72m NOK → 5.23m NOK.

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

Also worth watching: sharp cash drawdown; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET KVASSTIND AS.

Scorecard

Revenue
13.57m NOK 16.78m NOK
+23.7%
Operating result
+6.33m NOK +5.12m NOK
-19.1%
Net result
+5.02m NOK +4.07m NOK
-18.9%
Equity
4.72m NOK 5.23m NOK
+10.8%
Cash
7.93m NOK 2.72m NOK
-65.8%
Total assets
13.54m NOK 16.78m NOK
+23.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.57m NOK to 16.78m NOK (+23.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.72m NOK → 5.23m NOK (equity ratio 34.9% → 31.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6.33m NOK → +5.12m NOK (op. margin 46.7% → 30.5%). Calculated

  • ↓

    Net result weakened

    Net result +5.02m NOK → +4.07m NOK (net margin 37.0% → 24.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.93m NOK → 2.72m NOK (-65.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (7.93m NOK → 2.72m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 6. Reported fact