Org.nr 929 510 089 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET VERNA REGE NILSSEN AS: årsregnskap 2024 vs 2023

Grew 35% on revenue, stronger earnings

approved 2025-02-22; registry 2025-02-25; journal 2025 316074

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET VERNA REGE NILSSEN AS. Revenue 1.54m NOK → 2.09m NOK (+35.3%). Net result +4 685 NOK → +211.8k NOK. Equity 466.7k NOK → 678.6k 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 fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET VERNA REGE NILSSEN AS.

Scorecard

Revenue
1.54m NOK 2.09m NOK
+35.3%
Operating result
+6 178 NOK +268.3k NOK
+4242.6%
Net result
+4 685 NOK +211.8k NOK
+4421.2%
Equity
466.7k NOK 678.6k NOK
+45.4%
Cash
295.9k NOK 304.1k NOK
+2.8%
Total assets
848.5k NOK 48.2k NOK
-94.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.54m NOK to 2.09m NOK (+35.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +6 178 NOK → +268.3k NOK (op. margin 0.4% → 12.8%). Calculated

  • ↑

    Net result improved

    Net result +4 685 NOK → +211.8k NOK (net margin 0.3% → 10.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 466.7k NOK → 678.6k NOK (equity ratio 55.0% → 1406.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 295.9k NOK → 304.1k NOK (+2.8% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.22× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 961.1k NOK → 973.7k NOK (62% → 47% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 22.7k NOK → 13.5k NOK (-40.7% YoY). Calculated