FirmaIQ
Org.nr 920 969 798 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET SELMER AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue

approved 2025-03-05; registry 2025-04-28; journal 2025 395616

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SELMER AS. Revenue 574.86m NOK → 623.9k NOK (-99.9%). Net result +233.40m NOK → +259.77m NOK. Equity 1.23m NOK → 1.35m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVOKATFIRMAET SELMER AS.

At a glance

Scorecard

Revenue
574.86m NOK 623.9k NOK
-99.9%
Operating result
+231.88m NOK +258.57m NOK
+11.5%
Net result
+233.40m NOK +259.77m NOK
+11.3%
Equity
1.23m NOK 1.35m NOK
+9.8%
Cash
71.24m NOK 100.17m NOK
+40.6%
Total assets
288.54m NOK 337.83m NOK
+17.1%

What improved

  • ↑

    Operating result improved

    Operating result +231.88m NOK → +258.57m NOK (op. margin 40.3% → 41444.7%). Calculated

  • ↑

    Net result improved

    Net result +233.40m NOK → +259.77m NOK (net margin 40.6% → 41637.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.23m NOK → 1.35m NOK (equity ratio 0.4% → 0.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 71.24m NOK → 100.17m NOK (+40.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.23m NOK → 1.37m NOK (+140.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 574.86m NOK to 623.9k NOK (-99.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 236.77m NOK → 258.56m NOK (41% → 41443% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation