Org.nr 984 071 329 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET RØED AS: årsregnskap 2024 vs 2023

Shrank 25% on revenue, weaker earnings

approved 2025-04-25; registry 2025-04-28; journal 2025 395921

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET RØED AS. Revenue 3.19m NOK → 2.38m NOK (-25.5%). Net result +779.0k NOK → +484.2k NOK. Equity 908.1k NOK → 902.3k NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET RØED AS.

Scorecard

Revenue
3.19m NOK 2.38m NOK
-25.5%
Operating result
+900.9k NOK +608.9k NOK
-32.4%
Net result
+779.0k NOK +484.2k NOK
-37.8%
Equity
908.1k NOK 902.3k NOK
-0.6%
Cash
422.5k NOK 923.3k NOK
+118.5%
Total assets
601.7k NOK 1.77m NOK
+194.9%

What improved

  • ↑

    Cash rose

    Bank deposits 422.5k NOK → 923.3k NOK (+118.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.90× → 2.08×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.49m NOK → 1.15m NOK (47% → 48% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.19m NOK to 2.38m NOK (-25.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +900.9k NOK → +608.9k NOK (op. margin 28.3% → 25.6%). Calculated

  • ↓

    Net result weakened

    Net result +779.0k NOK → +484.2k NOK (net margin 24.4% → 20.4%). Calculated

  • ↓

    Equity eroded

    Book equity 908.1k NOK → 902.3k NOK (equity ratio 150.9% → 50.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 30.4k NOK → 1 659 NOK (-94.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact