Org.nr 986 552 073 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET SGB AS: årsregnskap 2024 vs 2023

Grew 20% on revenue, weaker earnings

approved 2025-04-23; registry 2025-04-26; journal 2025 390127

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SGB AS. Revenue 58.22m NOK → 69.71m NOK (+19.7%). Net result +6.11m NOK → +3.42m NOK. Equity 11.03m NOK → 11.12m NOK.

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

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

Scorecard

Revenue
58.22m NOK 69.71m NOK
+19.7%
Operating result
+6.41m NOK +3.43m NOK
-46.4%
Net result
+6.11m NOK +3.42m NOK
-44.1%
Equity
11.03m NOK 11.12m NOK
+0.8%
Cash
2.23m NOK 3.49m NOK
+56.8%
Total assets
21.86m NOK 23.33m NOK
+6.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 58.22m NOK to 69.71m NOK (+19.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 11.03m NOK → 11.12m NOK (equity ratio 50.5% → 47.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.23m NOK → 3.49m NOK (+56.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 10.56m NOK → 11.12m NOK (+558.4k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6.41m NOK → +3.43m NOK (op. margin 11.0% → 4.9%). Calculated

  • ↓

    Net result weakened

    Net result +6.11m NOK → +3.42m NOK (net margin 10.5% → 4.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 16.14m NOK → 23.04m NOK (28% → 33% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.64m NOK → 5.09m NOK (+39.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 6. Reported fact