Org.nr 818 120 842 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET SIRI K. KARLSEN AS: årsregnskap 2024 vs 2023

Shrank 32% on revenue, stronger earnings

approved 2025-04-22; registry 2025-05-12; journal 2025 421969

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SIRI K. KARLSEN AS. Revenue 3.19m NOK → 2.18m NOK (-31.8%). Net result +42.5k NOK → +197.7k NOK. Equity 214.3k NOK → 262.0k 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: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SIRI K. KARLSEN AS.

Scorecard

Revenue
3.19m NOK 2.18m NOK
-31.8%
Operating result
+30.6k NOK +235.3k NOK
+668.5%
Net result
+42.5k NOK +197.7k NOK
+364.8%
Equity
214.3k NOK 262.0k NOK
+22.3%
Cash
255.3k NOK 377.9k NOK
+48.0%
Total assets
921.6k NOK 954.4k NOK
+3.6%

What improved

  • ↑

    Operating result improved

    Operating result +30.6k NOK → +235.3k NOK (op. margin 1.0% → 10.8%). Calculated

  • ↑

    Net result improved

    Net result +42.5k NOK → +197.7k NOK (net margin 1.3% → 9.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 214.3k NOK → 262.0k NOK (equity ratio 23.3% → 27.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 255.3k NOK → 377.9k NOK (+48.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.09×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.19m NOK to 2.18m NOK (-31.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.28m NOK → 3.98m NOK (40% → 183% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 846.9k NOK → 133.6k NOK (-84.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 50.0k NOK → 0 NOK. Reported fact