ADVOKATFIRMAET PROPERTY LAW AS: årsregnskap 2024 vs 2023
Stronger earnings
approved 2025-04-28; registry 2025-05-03; journal 2025 401100
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET PROPERTY LAW AS. Revenue 3.26m NOK → 3.31m NOK (+1.6%). Net result +664.6k NOK → +1.76m NOK. Equity 200.1k NOK → 106.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET PROPERTY LAW AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.26m NOK to 3.31m NOK (+1.6% YoY). Calculated
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Operating result improved
Operating result +125.9k NOK → +2.23m NOK (op. margin 3.9% → 67.3%). Calculated
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Net result improved
Net result +664.6k NOK → +1.76m NOK (net margin 20.4% → 53.1%). Calculated
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Cash rose
Bank deposits 167.9k NOK → 1.57m NOK (+838.1% YoY). Calculated
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Payroll decreased
Salary cost 956.3k NOK → 844.0k NOK (29% → 26% of revenue). Calculated
What deteriorated
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Equity eroded
Book equity 200.1k NOK → 106.0k NOK (equity ratio 6.0% → 3.8%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation