Org.nr 925 009 881 2023 → 2024 Year-over-year analysis

ADVOKATFIRMAET WENGER AS: årsregnskap 2024 vs 2023

Grew 136% on revenue, weaker earnings

approved 2025-02-17; registry 2025-02-19; journal 2025 311237

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVOKATFIRMAET WENGER AS. Revenue 687.2k NOK → 1.62m NOK (+136.4%). Net result +666.2k NOK → +495.6k NOK. Equity 943.1k NOK → 438.8k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMAET WENGER AS.

Scorecard

Revenue
687.2k NOK 1.62m NOK
+136.4%
Operating result
+862.7k NOK +651.6k NOK
-24.5%
Net result
+666.2k NOK +495.6k NOK
-25.6%
Equity
943.1k NOK 438.8k NOK
-53.5%
Cash
508.7k NOK 1.78m NOK
+249.8%
Total assets
644.7k NOK 1.79m NOK
+178.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 687.2k NOK to 1.62m NOK (+136.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 508.7k NOK → 1.78m NOK (+249.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 5.06×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +862.7k NOK → +651.6k NOK (op. margin 125.5% → 40.1%). Calculated

  • ↓

    Net result weakened

    Net result +666.2k NOK → +495.6k NOK (net margin 96.9% → 30.5%). Calculated

  • ↓

    Equity eroded

    Book equity 943.1k NOK → 438.8k NOK (equity ratio 146.3% → 24.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 539.1k NOK → 849.8k NOK (78% → 52% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 91.0k NOK → 0 NOK (-100.0% YoY). Calculated