Org.nr 929 562 909 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET STINE RIGMOR GRIMSTAD AS: årsregnskap 2024 vs 2023

Grew 229% on revenue, stronger earnings

approved 2025-03-11; registry 2025-03-24; journal 2025 346473

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET STINE RIGMOR GRIMSTAD AS. Revenue 602.0k NOK → 1.98m NOK (+228.7%). Net result +37.2k NOK → +227.3k NOK. Equity 217.4k NOK → 344.7k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVOKATFIRMAET STINE RIGMOR GRIMSTAD AS.

Scorecard

Revenue
602.0k NOK 1.98m NOK
+228.7%
Operating result
+58.6k NOK +287.8k NOK
+391.5%
Net result
+37.2k NOK +227.3k NOK
+510.6%
Equity
217.4k NOK 344.7k NOK
+58.6%
Cash
182.1k NOK 552.6k NOK
+203.5%
Total assets
613.4k NOK 74.0k NOK
-87.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 602.0k NOK to 1.98m NOK (+228.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +58.6k NOK → +287.8k NOK (op. margin 9.7% → 14.5%). Calculated

  • ↑

    Net result improved

    Net result +37.2k NOK → +227.3k NOK (net margin 6.2% → 11.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 217.4k NOK → 344.7k NOK (equity ratio 35.4% → 466.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 182.1k NOK → 552.6k NOK (+203.5% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.28× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 156 NOK → 1.27m NOK (0% → 64% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 14.6k NOK → 22.0k NOK (+50.9% YoY). Calculated