FirmaIQ
Org.nr 913 015 649 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET NYGAARD AS: årsregnskap 2024 vs 2023

Grew 32% on revenue, stronger earnings

approved 2025-04-30; registry 2025-05-06; journal 2025 406822

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET NYGAARD AS. Revenue 1.99m NOK → 2.64m NOK (+32.5%). Net result +504.5k NOK → +915.5k NOK. Equity 2.11m NOK → 3.02m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET NYGAARD AS.

At a glance

Scorecard

Revenue
1.99m NOK 2.64m NOK
+32.5%
Operating result
+561.6k NOK +71.9k NOK
-87.2%
Net result
+504.5k NOK +915.5k NOK
+81.5%
Equity
2.11m NOK 3.02m NOK
+43.4%
Cash
2.59m NOK 3.34m NOK
+29.2%
Total assets
2.80m NOK 3.74m NOK
+33.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.99m NOK to 2.64m NOK (+32.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +504.5k NOK → +915.5k NOK (net margin 25.3% → 34.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.11m NOK → 3.02m NOK (equity ratio 75.4% → 80.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.59m NOK → 3.34m NOK (+29.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +561.6k NOK → +71.9k NOK (op. margin 28.2% → 2.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 959.5k NOK → 1.08m NOK (48% → 41% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 8 186 NOK → 77 NOK (-99.1% YoY). Calculated