ADVOKATFIRMAET SHAH AS: årsregnskap 2024 vs 2023
Shrank 12% on revenue, stronger earnings, cash halved-plus
approved 2025-04-30; registry 2025-05-06; journal 2025 407033
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SHAH AS. Revenue 8.10m NOK → 7.11m NOK (-12.2%). Net result +2.03m NOK → +4.95m NOK. Equity 3.74m NOK → 4.69m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SHAH AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +2.03m NOK → +4.95m NOK (net margin 25.0% → 69.6%). Calculated
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Equity strengthened
Book equity 3.74m NOK → 4.69m NOK (equity ratio 66.6% → 49.4%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 8.10m NOK to 7.11m NOK (-12.2% YoY). Calculated
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Operating result weakened
Operating result +2.70m NOK → +1.49m NOK (op. margin 33.4% → 20.9%). Calculated
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Cash fell
Bank deposits 1.24m NOK → 570.3k NOK (-53.9% YoY). Calculated
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Payroll up without matching revenue
Salary cost 3.46m NOK → 3.57m NOK (43% → 50% of revenue). Calculated
Things to notice
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Headcount (årsverk) changed
Reported FTEs 5 → 4. Reported fact