Org.nr 820 259 122 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET RUSTAD OG BORG AS: årsregnskap 2024 vs 2023

Grew 7% on revenue, weaker earnings

approved 2025-04-28; registry 2025-04-30; journal 2025 398860

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET RUSTAD OG BORG AS. Revenue 6.30m NOK → 6.74m NOK (+6.9%). Net result +1.34m NOK → +440.2k NOK. Equity 2.52m NOK → 2.69m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET RUSTAD OG BORG AS.

Scorecard

Revenue
6.30m NOK 6.74m NOK
+6.9%
Operating result
+720.4k NOK +530.9k NOK
-26.3%
Net result
+1.34m NOK +440.2k NOK
-67.1%
Equity
2.52m NOK 2.69m NOK
+6.8%
Cash
1.73m NOK 2.25m NOK
+29.7%
Total assets
4.18m NOK 4.91m NOK
+17.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.30m NOK to 6.74m NOK (+6.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.52m NOK → 2.69m NOK (equity ratio 60.3% → 54.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.73m NOK → 2.25m NOK (+29.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +720.4k NOK → +530.9k NOK (op. margin 11.4% → 7.9%). Calculated

  • ↓

    Net result weakened

    Net result +1.34m NOK → +440.2k NOK (net margin 21.2% → 6.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 300.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 3.53m NOK → 5.20m NOK (56% → 77% of revenue). Calculated