Org.nr 929 501 055 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET OVE SØRSKÅR AS: årsregnskap 2024 vs 2023

Shrank 13% on revenue, weaker earnings

approved 2025-04-30; registry 2025-05-05; journal 2025 406452

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET OVE SØRSKÅR AS. Revenue 1.87m NOK → 1.63m NOK (-12.8%). Net result +388.9k NOK → +31.8k NOK. Equity 5.44m NOK → 268.7k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
1.87m NOK 1.63m NOK
-12.8%
Operating result
+499.9k NOK +35.8k NOK
-92.8%
Net result
+388.9k NOK +31.8k NOK
-91.8%
Equity
5.44m NOK 268.7k NOK
-95.1%
Cash
228.9k NOK 302.4k NOK
+32.2%
Total assets
902.1k NOK 815.5k NOK
-9.6%

What improved

  • ↑

    Cash rose

    Bank deposits 228.9k NOK → 302.4k NOK (+32.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.87m NOK to 1.63m NOK (-12.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +499.9k NOK → +35.8k NOK (op. margin 26.7% → 2.2%). Calculated

  • ↓

    Net result weakened

    Net result +388.9k NOK → +31.8k NOK (net margin 20.7% → 1.9%). Calculated

  • ↓

    Equity eroded

    Book equity 5.44m NOK → 268.7k NOK (equity ratio 602.7% → 32.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 885.3k NOK → 1.01m NOK (47% → 62% of revenue). Calculated