ADVOKATFIRMAET SIMONSEN VOGT WIIG AS: årsregnskap 2024 vs 2023
Stronger earnings, cash halved-plus
approved 2025-05-27; registry 2025-07-08; journal 2025 650484
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SIMONSEN VOGT WIIG AS. Revenue 577.49m NOK → 552.55m NOK (-4.3%). Net result +834.8k NOK → +171.24m NOK. Equity 8.18bn NOK → 8.14bn NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +834.8k NOK → +171.24m NOK (net margin 0.1% → 31.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 577.49m NOK to 552.55m NOK (-4.3% YoY). Calculated
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↓
Operating result weakened
Operating result +229.67m NOK → +171.71m NOK (op. margin 39.8% → 31.1%). Calculated
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↓
Equity eroded
Book equity 8.18bn NOK → 8.14bn NOK (equity ratio 2865.7% → 3469.3%). Calculated
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↓
Cash fell
Bank deposits 74.24m NOK → 10.96m NOK (-85.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 4.25bn NOK → 4.27bn NOK (735% → 772% of revenue). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (74.24m NOK → 10.96m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 277.6k NOK → 272.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 1.61m NOK → 1.58m NOK. Reported fact