FirmaIQ
Org.nr 916 607 628 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET SANDER AS: årsregnskap 2024 vs 2023

Shrank 25% on revenue, weaker earnings

approved 2025-06-02; registry 2025-06-14; journal 2025 537216

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SANDER AS. Revenue 2.75m NOK → 2.07m NOK (-24.9%). Net result +574.7k NOK → +176.7k NOK. Equity 822.9k NOK → 338.6k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.75m NOK 2.07m NOK
-24.9%
Operating result
+740.6k NOK +246.4k NOK
-66.7%
Net result
+574.7k NOK +176.7k NOK
-69.3%
Equity
822.9k NOK 338.6k NOK
-58.9%
Cash
512.4k NOK 325.7k NOK
-36.4%
Total assets
1.24m NOK 981.1k NOK
-21.2%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.31× → 1.39×. Calculated

  • ↑

    Payroll decreased

    Salary cost 812.9k NOK → 565.7k NOK (30% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.75m NOK to 2.07m NOK (-24.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +740.6k NOK → +246.4k NOK (op. margin 26.9% → 11.9%). Calculated

  • ↓

    Net result weakened

    Net result +574.7k NOK → +176.7k NOK (net margin 20.9% → 8.6%). Calculated

  • ↓

    Equity eroded

    Book equity 822.9k NOK → 338.6k NOK (equity ratio 66.1% → 34.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 512.4k NOK → 325.7k NOK (-36.4% YoY). Calculated