Org.nr 985 851 514 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS: årsregnskap 2024 vs 2023

Grew 13% on revenue

approved 2025-04-15; registry 2025-04-24; journal 2025 386086

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS. Revenue 46.36m NOK → 52.38m NOK (+13.0%). Net result +5 820 NOK → +2 907 NOK. Equity 157.6k NOK → 150.3k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIMONSEN VOGT WIIG TRONDHEIM AS.

Scorecard

Revenue
46.36m NOK 52.38m NOK
+13.0%
Operating result
+18.96m NOK +20.12m NOK
+6.1%
Net result
+5 820 NOK +2 907 NOK
-50.1%
Equity
157.6k NOK 150.3k NOK
-4.6%
Cash
2.33m NOK 3.03m NOK
+29.7%
Total assets
18.70m NOK 25.07m NOK
+34.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 46.36m NOK to 52.38m NOK (+13.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +18.96m NOK → +20.12m NOK (op. margin 40.9% → 38.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.33m NOK → 3.03m NOK (+29.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +5 820 NOK → +2 907 NOK (net margin 0.0% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 157.6k NOK → 150.3k NOK (equity ratio 0.8% → 0.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 91.8k NOK → 81.6k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 13.81m NOK → 17.28m NOK (30% → 33% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 813.1k NOK → 998.5k NOK (+22.8% YoY). Calculated