Org.nr 954 975 290 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET OSCAR IHLEBÆK AS: årsregnskap 2024 vs 2023

Grew 13% on revenue, stronger earnings, cash halved-plus

approved 2025-04-23; registry 2025-04-28; journal 2025 393656

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET OSCAR IHLEBÆK AS. Revenue 12.77m NOK → 14.45m NOK (+13.2%). Net result +1.88m NOK → +7.62m NOK. Equity 31.20m NOK → 1.30m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADVOKATFIRMAET OSCAR IHLEBÆK AS.

Scorecard

Revenue
12.77m NOK 14.45m NOK
+13.2%
Operating result
+1.88m NOK +8.89m NOK
+374.2%
Net result
+1.88m NOK +7.62m NOK
+306.1%
Equity
31.20m NOK 1.30m NOK
-95.8%
Cash
19.04m NOK 8.88m NOK
-53.4%
Total assets
36.14m NOK 13.11m NOK
-63.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.77m NOK to 14.45m NOK (+13.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.88m NOK → +8.89m NOK (op. margin 14.7% → 61.6%). Calculated

  • ↑

    Net result improved

    Net result +1.88m NOK → +7.62m NOK (net margin 14.7% → 52.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 8.44m NOK → 3.20m NOK (66% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 31.20m NOK → 1.30m NOK (equity ratio 86.3% → 9.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 19.04m NOK → 8.88m NOK (-53.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.05× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 255.0k NOK → 80.6k NOK — check capital reduction, conversion, or reclassification. Interpretation