FirmaIQ
Org.nr 930 747 920 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET VITEN AS: årsregnskap 2024 vs 2023

Grew 143038% on revenue, stronger earnings

approved 2025-01-15; registry 2025-02-03; journal 2025 304747

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET VITEN AS. Revenue 8 270 NOK → 11.84m NOK (+143037.7%). Net result +2 376 NOK → +3.42m NOK. Equity 5.92m NOK → 1.04m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET VITEN AS.

At a glance

Scorecard

Revenue
8 270 NOK 11.84m NOK
+143037.7%
Operating result
+3 047 NOK +4.40m NOK
+144446.1%
Net result
+2 376 NOK +3.42m NOK
+143711.8%
Equity
5.92m NOK 1.04m NOK
-82.5%
Cash
3 576 NOK 4.42m NOK
+123525.5%
Total assets
4.65m NOK 6.58m NOK
+41.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8 270 NOK to 11.84m NOK (+143037.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3 047 NOK → +4.40m NOK (op. margin 36.8% → 37.2%). Calculated

  • ↑

    Net result improved

    Net result +2 376 NOK → +3.42m NOK (net margin 28.7% → 28.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 3 576 NOK → 4.42m NOK (+123525.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.92m NOK → 1.04m NOK (equity ratio 127.2% → 15.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 5.67m NOK (0% → 48% of revenue). Calculated