Org.nr 889 032 782 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET NAVJORD AS: årsregnskap 2024 vs 2023

Grew 13% on revenue, weaker earnings

approved 2025-04-30; registry 2025-05-05; journal 2025 405190

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET NAVJORD AS. Revenue 1.75m NOK → 1.97m NOK (+12.8%). Net result +162.1k NOK → +66.0k NOK. Equity 794.1k NOK → 785.2k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET NAVJORD AS.

Scorecard

Revenue
1.75m NOK 1.97m NOK
+12.8%
Operating result
+321.2k NOK +222.5k NOK
-30.7%
Net result
+162.1k NOK +66.0k NOK
-59.3%
Equity
794.1k NOK 785.2k NOK
-1.1%
Cash
102.8k NOK 398.1k NOK
+287.2%
Total assets
2.85m NOK 2.82m NOK
-1.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.75m NOK to 1.97m NOK (+12.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 102.8k NOK → 398.1k NOK (+287.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.16× → 2.16×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.71m NOK → 1.09m NOK (98% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +321.2k NOK → +222.5k NOK (op. margin 18.4% → 11.3%). Calculated

  • ↓

    Net result weakened

    Net result +162.1k NOK → +66.0k NOK (net margin 9.3% → 3.4%). Calculated

  • ↓

    Equity eroded

    Book equity 794.1k NOK → 785.2k NOK (equity ratio 27.9% → 27.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 27.2k NOK → 44.3k NOK (+62.8% YoY). Calculated