Org.nr 921 566 026 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET LILLEØY- ANDERSEN AS: årsregnskap 2024 vs 2023

Shrank 17% on revenue, weaker earnings

approved 2025-04-28; registry 2025-04-30; journal 2025 399954

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET LILLEØY- ANDERSEN AS. Revenue 2.28m NOK → 1.89m NOK (-16.9%). Net result +463.9k NOK → +179.9k NOK. Equity 1.91m NOK → 2.09m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2.28m NOK 1.89m NOK
-16.9%
Operating result
+554.8k NOK +165.6k NOK
-70.2%
Net result
+463.9k NOK +179.9k NOK
-61.2%
Equity
1.91m NOK 2.09m NOK
+9.4%
Cash
1.78m NOK 2.00m NOK
+12.7%
Total assets
2.31m NOK 2.43m NOK
+4.8%

What improved

  • ↑

    Equity strengthened

    Book equity 1.91m NOK → 2.09m NOK (equity ratio 82.4% → 86.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.78m NOK → 2.00m NOK (+12.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 967.7k NOK → 922.4k NOK (43% → 49% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.28m NOK to 1.89m NOK (-16.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +554.8k NOK → +165.6k NOK (op. margin 24.4% → 8.8%). Calculated

  • ↓

    Net result weakened

    Net result +463.9k NOK → +179.9k NOK (net margin 20.4% → 9.5%). Calculated