Org.nr 988 371 084 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2024-10-24; registry 2024-12-02; journal 2024 757669

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS. Revenue 532.58m NOK → 581.2k NOK (-99.9%). Net result +109.0k NOK → +103.26m NOK. Equity 28.91m NOK → 25.38m NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET PRICEWATERHOUSECOOPERS AS.

Scorecard

Revenue
532.58m NOK 581.2k NOK
-99.9%
Operating result
+78.30m NOK +103.85m NOK
+32.6%
Net result
+109.0k NOK +103.26m NOK
+94636.7%
Equity
28.91m NOK 25.38m NOK
-12.2%
Cash
62.58m NOK 28.28m NOK
-54.8%
Total assets
284.70m NOK 282.60m NOK
-0.7%

What improved

  • ↑

    Operating result improved

    Operating result +78.30m NOK → +103.85m NOK (op. margin 14.7% → 17869.3%). Calculated

  • ↑

    Net result improved

    Net result +109.0k NOK → +103.26m NOK (net margin 0.0% → 17767.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.89m NOK → 2.96m NOK (+75.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 532.58m NOK to 581.2k NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 28.91m NOK → 25.38m NOK (equity ratio 10.2% → 9.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 62.58m NOK → 28.28m NOK (-54.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.20m NOK → 5.21m NOK (1% → 897% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation