Org.nr 932 193 043 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET SJØDINMELING AS: årsregnskap 2024 vs 2023

Grew 108758% on revenue, stronger earnings, fresh owner capital

approved 2025-05-30; registry 2025-06-02; journal 2025 502888

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET SJØDINMELING AS. Revenue 25.9k NOK → 28.20m NOK (+108758.2%). Net result +2 409 NOK → +1.31m NOK. Equity 2.85m NOK → 2.62m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVOKATFIRMAET SJØDINMELING AS.

Scorecard

Revenue
25.9k NOK 28.20m NOK
+108758.2%
Operating result
+3 542 NOK +2.37m NOK
+66915.6%
Net result
+2 409 NOK +1.31m NOK
+54313.9%
Equity
2.85m NOK 2.62m NOK
-7.9%
Cash
4 980 NOK 3.62m NOK
+72662.8%
Total assets
28.89m NOK 22.45m NOK
-22.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.9k NOK to 28.20m NOK (+108758.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3 542 NOK → +2.37m NOK (op. margin 13.7% → 8.4%). Calculated

  • ↑

    Net result improved

    Net result +2 409 NOK → +1.31m NOK (net margin 9.3% → 4.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 980 NOK → 3.62m NOK (+72662.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 8 816 NOK → 8.89m NOK (+8.88m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.85m NOK → 2.62m NOK (equity ratio 9.9% → 11.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 818.64× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 15.9k NOK → 18.44m NOK (61% → 65% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1 247 NOK → 1.86m NOK (+149068.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 12.2k NOK → 4 NOK. Reported fact