FirmaIQ
Org.nr 824 915 032 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET REE AS: årsregnskap 2024 vs 2023

Grew 43% on revenue, stronger earnings

approved 2025-01-30; registry 2025-05-06; journal 2025 406938

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET REE AS. Revenue 2.59m NOK → 3.71m NOK (+43.4%). Net result +278.4k NOK → +661.7k NOK. Equity 52.1k NOK → 63.8k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET REE AS.

At a glance

Scorecard

Revenue
2.59m NOK 3.71m NOK
+43.4%
Operating result
+355.3k NOK +845.2k NOK
+137.9%
Net result
+278.4k NOK +661.7k NOK
+137.7%
Equity
52.1k NOK 63.8k NOK
+22.4%
Cash
712.8k NOK 525.7k NOK
-26.3%
Total assets
945.3k NOK 391.3k NOK
-58.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.59m NOK to 3.71m NOK (+43.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +355.3k NOK → +845.2k NOK (op. margin 13.7% → 22.8%). Calculated

  • ↑

    Net result improved

    Net result +278.4k NOK → +661.7k NOK (net margin 10.7% → 17.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 52.1k NOK → 63.8k NOK (equity ratio 5.5% → 16.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 712.8k NOK → 525.7k NOK (-26.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.65m NOK → 2.27m NOK (64% → 61% of revenue). Calculated