Org.nr 922 038 023 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET LUNDBERG OG LANGVA AS: årsregnskap 2024 vs 2023

Shrank 6% on revenue, stronger earnings

approved 2025-04-30; registry 2025-05-05; journal 2025 406379

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET LUNDBERG OG LANGVA AS. Revenue 6.96m NOK → 6.56m NOK (-5.8%). Net result +87.2k NOK → +861.8k NOK. Equity 959.3k NOK → 821.1k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET LUNDBERG OG LANGVA AS.

Scorecard

Revenue
6.96m NOK 6.56m NOK
-5.8%
Operating result
+405.7k NOK +1.12m NOK
+176.6%
Net result
+87.2k NOK +861.8k NOK
+887.8%
Equity
959.3k NOK 821.1k NOK
-14.4%
Cash
707.6k NOK 392.1k NOK
-44.6%
Total assets
3.86m NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result +405.7k NOK → +1.12m NOK (op. margin 5.8% → 17.1%). Calculated

  • ↑

    Net result improved

    Net result +87.2k NOK → +861.8k NOK (net margin 1.3% → 13.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.96m NOK to 6.56m NOK (-5.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 959.3k NOK → 821.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 707.6k NOK → 392.1k NOK (-44.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.97m NOK → 4.02m NOK (57% → 61% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 340.4k NOK → 212.1k NOK (-37.7% YoY). Calculated