Org.nr 971 510 684 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET PEDERSEN, REIER & CO AS: årsregnskap 2024 vs 2023

Shrank 6% on revenue, weaker earnings

approved 2025-03-31; registry 2025-04-09; journal 2025 369289

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET PEDERSEN, REIER & CO AS. Revenue 8.72m NOK → 8.21m NOK (-5.9%). Net result +841.6k NOK → +342.5k NOK. Equity 1.23m NOK → 977.4k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
8.72m NOK 8.21m NOK
-5.9%
Operating result
+1 077 NOK +434.6k NOK
+40251.0%
Net result
+841.6k NOK +342.5k NOK
-59.3%
Equity
1.23m NOK 977.4k NOK
-20.9%
Cash
3.07m NOK 2.45m NOK
-20.2%
Total assets
4.76m NOK 4.36m NOK
-8.4%

What improved

  • ↑

    Operating result improved

    Operating result +1 077 NOK → +434.6k NOK (op. margin 0.0% → 5.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.58m NOK → 5.43m NOK (64% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.72m NOK to 8.21m NOK (-5.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +841.6k NOK → +342.5k NOK (net margin 9.6% → 4.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.23m NOK → 977.4k NOK (equity ratio 25.9% → 22.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.07m NOK → 2.45m NOK (-20.2% YoY). Calculated